NASDAQ 100 Index  
9/3/2010
Previous Days data
Daily High Low Close Change Trend MIN Neutral
ENQU0 1841.25 1813.00 1837.25 INT Neutral
ENQZ0 1838.00 1811.00 1834.75 MAJ Neutral
NEUTP

SEP'10 NASDAQ 100 ** NEUTRAL TRANSITION **

- MKT sentiment is leaning negative and will outweigh the buy side if the integrity of the previous session high remains intact.
- On the SELL side accept BREAKOUT, FADE and REVERSAL strategies with the expectation that the current negative transition will continue. Keep aggressive position management on DP BREAKOUT strategies as the MKT is still in the neutral zone and has yet to commit to a new trend. A more conservative strategy would be to wait for positive reactions after a negative signal to FADE the DIR.
- On the BUY side avoid DP FADE strategies until after the previous session high point has been taken out. Until then, a better opportunity will be a DP REVERSAL strategy. The idea is that the transition trade is over and a positive shift back into a NEUTRAL DIGESTION is expected. UP BREAKOUT strategies can be profitable but they are aggressive. Risk less, go for more.
Indicators
MAC13D180346
MAC26D183735
MAC50D182494
MAC100D186563
MAC200D185989
DMI+ 13D23
DMI- 13D24
ADX 7D30
RSI 5D69
RSI 13D54
ROC 5D394.63
ROC 13D94.78
MACD 13-1283.83
MACD 34-1436.3
SSTOC+35
SSTOC-25
DC HIGH192908
DC MID182662
DC LOW172044
MC VALUE-3
Price Map
1    1981.50 *** 4 +c    
1    1962.25 **    
1    1935.00 *    
1    1918.25 *** 3    
1    1908.25 **    
1    1890.25 *    
1    1880.50 *** 2    
1    1872.00 *    
1    1862.25 *** 1    
1    1852.75 *    
1    1842.50 UP    
1    1832.00 *    
1  • 1822.00 •  
1    1812.25 *    
1    1802.00 DP R    
1    1790.75 *    
1    1782.25 *** 1    
1    1770.50 *    
1    1764.00 **    
1    1754.50 *** 2    
1    1744.75 **    
1    1730.50 *** 3    
1    1716.75 **    
1    1702.25 **    
1    1682.25 **    
1    1650.25 *** 4 -c