Friday, May 14, 2010

Monday Should be Up






Today's Fingerprint was:CRVNZ CNZRV UUUUD UDDDU PNNNP
TNA's TD REI went up as TNA's 5 day High-Low Range Contracted (TNA went up then down during the 5 trading days causing a smaller denominator in the TD REI formula). Only TICK had expansion of its 5 day High-Low Range. Numerous Unidirectional (UD) TNA BUY Signals Rang including: TNA TD REI CALC-POSITIVE TNA PLDOT-RISING TRIN TD REI BUY TNA The formula for this signal is: AND(BA388>0,AT388>AT387,(AS388*(AS388-AS387)/AS387*(AS387-AS386))<-2600), where BA is TNA PLDOT minus its Close (2.68>0), AT is the TRIN TD REI(237>209) and AS is the TNA TD REI [(217*(217-140))/140]*(140-188)= 16,709/-6720=-5728. The TNA PLDOT- TNA CLOSE was negative all week, but turned positive today because of an overall drop in TNA's close, high & low. The formula is: =ROUNDDOWN((((AVERAGE(BQ388:BS388)+AVERAGE(BQ387:BS387)+AVERAGE(BQ386:BS386))/3)-BQ388),2). BQ, BR & BS are TNA's Close, High & Low respectively. [(56.62+58.98+54.25)/3+(60.115+63.16+59.22)/3+(61.92+62.08+57.39)/3]/3-56.62=[56.62+60.83+60.46]/3-56.62=59.3-56.62=2.68. The VIX PLDOT minus its Close went negative on Friday (-3.69) as a previously falling VIX Close (the market went up during the first half of the week) exceeded its PLDOT with a declining market. A VIX TD REI CALC-POSITIVE TNA PLDOT-RISING TRIN TD REI BUY TNA also flashed today.

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