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Not Updated since 9/1/2010 9/2/2010  
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NYCOMP
NEW YORK COMPOSITE INDEX
Daily Commentary

Our system posted a HOLD today. The previous BUY recommendation was issued on 08.27.2010 (5) days ago, when the index value was 6,665.3. Since then NYCOMP has gained 3.69% .

The previous SELL-IF signal is now null and void. We allowed two days for the confirmation of the bearish pattern and market denied confirmation. None of the three bearish confirmation conditions were realized.

Continue to hold the index and wait for a new signal.

Do not bother yourself with further buying or selling as long as the HOLD tag stays. Keep away from short selling as well.

Data provided by:  End of Day Data

 
HOLD
6,911.0
+206.83 +3.09%
Candlestick Analysis
Today’s Candlestick Patterns:
White Opening Marubozu
Candlestick Pattern
 

Today a White Opening Marubozu was formed. This shows that the day opened and then the prices continued to go up all day long without coming below the opening level thus forming a long white body, however prices did not close at the high of the day and thus they created an upper shadow.
For more about this candlestick click here.


 
 
Index Value
Day's Close 6,911.0
Previous Close 6,704.2
Previous Open 6,695.2
Change +206.83
% Change +3.09%
Volume -
 
Index Activity
Day's Open 6,704.2
Day's High 6,915.7
Day's Low 6,704.2
20-Day Close M.A. 6,885.1
50-Day Close M.A. 6,847.6
65-Day Volume M.A. -
 

Two-Year Signal History
Date          Price   Signal $100
Became
08.27.10 6,665.3    Buy 388
08.20.10 6,850.4    Sell 388
08.17.10 6,871.6    Buy 389
08.11.10 7,139.7    Sell 389
08.09.10 7,153.8    Buy 390
08.05.10 7,182.1    Sell 390
08.02.10 6,999.1    Buy 380
07.28.10 7,045.0    Sell 380
07.20.10 6,739.6    Buy 364
07.14.10 6,907.8    Sell 364
07.07.10 6,486.1    Buy 341
06.22.10 6,978.9    Sell 341
06.18.10 6,982.0    Buy 342
06.16.10 6,989.9    Sell 342
06.10.10 6,559.8    Buy 321
06.07.10 6,600.2    Sell 321
06.03.10 6,839.6    Buy 332
05.14.10 7,234.2    Sell 332
05.12.10 7,222.0    Buy 332
04.27.10 7,677.6    Sell 332
04.20.10 7,596.6    Buy 328
04.16.10 7,719.6    Sell 328
04.08.10 7,546.2    Buy 321
03.31.10 7,460.7    Sell 321
03.23.10 7,419.0    Buy 319
03.19.10 7,443.5    Sell 319
03.17.10 7,426.7    Buy 318
03.15.10 7,362.8    Sell 318
02.26.10 7,013.5    Buy 303
02.12.10 6,898.7    Sell 303
02.09.10 6,713.9    Buy 295
01.20.10 7,443.7    Sell 295
01.05.10 7,326.7    Buy 290
12.30.09 7,252.2    Sell 290
12.28.09 7,255.0    Buy 290
12.17.09 7,180.8    Sell 290
12.10.09 7,067.6    Buy 286
12.07.09 7,182.7    Sell 286
12.01.09 7,092.4    Buy 282
11.18.09 7,234.1    Sell 282
11.16.09 7,119.9    Buy 278
11.12.09 7,155.4    Sell 278
11.03.09 6,784.9    Buy 263
10.21.09 7,157.9    Sell 263
10.06.09 6,795.1    Buy 250
09.21.09 7,016.9    Sell 250
09.08.09 6,637.2    Buy 237
08.26.09 6,697.2    Sell 237
08.19.09 6,437.1    Buy 227
08.17.09 6,537.8    Sell 227
08.13.09 6,538.9    Buy 227
07.29.09 6,328.7    Sell 227
07.13.09 5,627.5    Buy 202
06.30.09 5,962.5    Sell 202
06.24.09 5,759.5    Buy 195
06.15.09 6,148.6    Sell 195
06.11.09 6,098.1    Buy 194
06.03.09 6,182.6    Sell 194
05.18.09 5,662.9    Buy 177
05.13.09 5,858.4    Sell 177
05.06.09 5,770.8    Buy 175
04.22.09 5,339.6    Sell 175
04.16.09 5,385.0    Buy 176
04.06.09 5,318.8    Sell 176
03.25.09 5,064.3    Buy 168
03.20.09 4,937.2    Sell 168
03.10.09 4,226.3    Buy 144
02.10.09 5,478.9    Sell 144
01.26.09 5,195.6    Buy 136
01.22.09 5,274.0    Sell 136
01.16.09 5,347.8    Buy 138
01.09.09 5,837.1    Sell 138
12.26.08 5,487.3    Buy 130
12.11.08 5,631.1    Sell 130
11.24.08 4,959.8    Buy 114
11.05.08 6,345.1    Sell 114
10.29.08 5,733.5    Buy 103
10.22.08 6,051.3    Sell 103
10.20.08 5,948.8    Buy 102
09.29.08 7,890.4    Sell 102
09.25.08 7,768.8    Buy 100
09.23.08 7,918.6    Sell 100
09.19.08 7,775.2    Buy 98
09.17.08 7,793.1    Sell 98
09.08.08 8,033.8    Buy 101
09.02.08 8,382.1    Sell 101
08.21.08 8,276.9    Buy 100
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  Quality maintenance-free data supplied by End of Day Data