"We are going to grow traders just like they grow turtles in Singapore" Richard Dennis. (5TH Sep'89 THE WALL STREET JOURNAL) Find out how traders made their millions in both the bull and bear market with Trendfollowing and CounterTrend trading systems.
Tuesday, February 26, 2008
Review of mini-DOW (YMH08) 2/27/2008
The Turtle Trader Trend Analysis
Review of YMH08 2/27/2008
• Open 12,394.0000
• High 12,595.0000
• Low 12,345.0000
• Close 12,566.0000
• Change 171.0000 (1.38%)
Stop and Reverse (SAR)
An SAR Buy signal was generated today. If you are short, this might be a good place to exit.
Directional Indicator Table
Today's Value Previous Value
+DI 19.000 15.000
-DI 22.000 24.000
ADX 28.000 30.000
ADXR 32.000 33.000
Summary
The current market condition for YMH08 is:
Bearish
The close is currently Below it's 200 period moving average.
The close is currently Below it's 90 period moving average.
The close is currently Above it's 30 period moving average.
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. The information contained herein is believed to be reliable but the accuracy or completeness is not guaranteed. This information should only be used by investors who are aware of the risk inherent in securities or derivatives trading. The turtle trader accepts no liability whatsoever for any loss arising from any use of this review or its contents.
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