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Jeff Bailey : 1/11/2009 3:22:33 PM

RUT.X NH and NL table I keep at this Link

I like to track the NH/NL as an internal indicator for representation of BULLISH and/or BEARISH leadership. 5-day ratio and 10-day ratio help filter out some of the day-to-day noise.

Jeff Bailey : 1/11/2009 3:04:49 PM

Friday's action and recent session(s) RUT.X 52-week highs and lows did have the RUT.X's 5-day NH/NL ratio reversing back into column of O at 46%, actual is now 42.3% (inflection high was 53.2% on 01/06/09). 10-day NH/NL ratio still in X and "wave" high of 36.6% after inflection low measure of 0.6%.

Jeff Bailey : 1/11/2009 2:53:52 PM

WKLY, MONTHLY, QRTRLY Index Pivot Matrix Link

For BIX.X I'd say a "zone of support" from 114-118. "zone of resistance" 133-136 and needs a trade ABOVE WKLY Pivot to get there. OVERLAP and formidable resistance at 146-47.

Note: SPX exceeded MNTHLY R1 by 1-point. SPY missed by a penny.

Jeff Bailey : 1/11/2009 2:28:47 PM

Last two (2) and this week's WEEKLY Pivot Matrix at this Link

In last Saturday's MM Link I commented briefly on BIX.X and some trends. BIX.X did little but distribute lower this week with a leading WKLY S2. That sure seemed to provide the drag lower, even for NDX/QQQQ that doesn't have a bank in the bunch.

Will look for any "overlap" in the WKLY/MONTHLY/QUARTERLY.

OI Technical Staff : 1/10/2009 9:59:59 PM

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