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Updated 11/20/2009  
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US-BASIC-MAT
DJ BASIC MATERIALS INDEX
Daily Commentary

Our system posted a WAIT today. The previous SELL recommendation was issued on 11.19.2009 (1) day ago, when the index value was 239.5. Since then US-BASIC-MAT has fallen -1.97% .

Our WAIT tag says all that is to say. Stay at cash or check the other stocks while waiting the next signal. Do not bother with buying or short selling this index as long as the WAIT tag stays.

Data provided by:  End of Day Data

 
WAIT
234.77
-0.4700 -0.20%
Candlestick Analysis
Today’s Candlestick Patterns:
High Wave
Candlestick Pattern
 

Today a High Wave was formed. This implies a loss of sense of direction and that there is a great amount of indecision in the market.
For more about this candlestick click here.


 
 
Index Value
Day's Close 234.77
Previous Close 235.24
Previous Open 239.48
Change -0.4700
% Change -0.20%
Volume 53,664,490
 
Index Activity
Day's Open 235.24
Day's High 235.27
Day's Low 231.31
20-Day Close M.A. 226.10
50-Day Close M.A. 224.81
65-Day Volume M.A. 57,709,742
 

Two-Year Signal History
Date          Price   Signal $100
Became
11.19.09 239.48    Sell 1,056
11.16.09 232.09    Buy 1,024
11.12.09 232.61    Sell 1,024
11.03.09 213.06    Buy 938
10.20.09 234.01    Sell 938
10.06.09 213.90    Buy 857
09.21.09 226.33    Sell 857
09.03.09 197.78    Buy 749
08.24.09 207.44    Sell 749
08.19.09 198.90    Buy 718
08.17.09 204.58    Sell 718
08.13.09 204.16    Buy 717
08.10.09 206.09    Sell 717
07.31.09 193.23    Buy 672
07.29.09 192.06    Sell 672
07.14.09 166.08    Buy 581
06.30.09 175.41    Sell 581
06.24.09 167.07    Buy 553
06.12.09 192.41    Sell 553
06.09.09 184.25    Buy 530
06.05.09 188.82    Sell 530
05.29.09 178.78    Buy 502
05.21.09 179.16    Sell 502
05.18.09 166.98    Buy 468
05.13.09 175.14    Sell 468
05.08.09 173.28    Buy 463
04.28.09 158.03    Sell 463
04.22.09 153.85    Buy 450
04.20.09 158.37    Sell 450
04.09.09 148.65    Buy 423
04.07.09 151.80    Sell 423
04.01.09 140.38    Buy 391
03.30.09 146.36    Sell 391
03.11.09 123.08    Buy 329
03.09.09 116.11    Sell 329
03.04.09 114.58    Buy 324
01.30.09 141.97    Sell 324
01.27.09 139.86    Buy 320
01.22.09 142.36    Sell 320
01.15.09 138.71    Buy 311
01.09.09 156.13    Sell 311
12.26.08 140.45    Buy 280
12.19.08 147.49    Sell 280
12.16.08 146.10    Buy 277
12.11.08 151.11    Sell 277
12.08.08 132.87    Buy 244
12.01.08 144.29    Sell 244
11.24.08 123.97    Buy 210
11.03.08 169.84    Sell 210
10.29.08 155.10    Buy 191
10.22.08 171.81    Sell 191
10.20.08 168.09    Buy 187
09.23.08 269.71    Sell 187
09.11.08 259.24    Buy 180
09.09.08 268.16    Sell 180
08.27.08 293.86    Buy 197
08.15.08 293.90    Sell 197
08.13.08 286.91    Buy 193
08.11.08 289.91    Sell 193
08.06.08 288.54    Buy 192
08.01.08 310.98    Sell 192
07.29.08 301.47    Buy 186
07.15.08 319.26    Sell 186
07.10.08 308.68    Buy 180
06.20.08 352.26    Sell 180
06.16.08 350.14    Buy 179
06.11.08 346.03    Sell 179
06.09.08 345.56    Buy 178
06.04.08 342.96    Sell 178
05.30.08 337.71    Buy 176
05.21.08 349.99    Sell 176
05.13.08 336.70    Buy 169
05.09.08 336.21    Sell 169
05.02.08 316.93    Buy 159
04.23.08 332.50    Sell 159
04.14.08 315.89    Buy 151
03.28.08 298.09    Sell 151
03.25.08 291.82    Buy 148
03.14.08 305.36    Sell 148
03.05.08 309.58    Buy 150
02.27.08 316.97    Sell 150
02.20.08 307.96    Buy 146
02.14.08 303.09    Sell 146
02.08.08 287.78    Buy 139
02.05.08 298.75    Sell 139
01.23.08 268.58    Buy 125
01.15.08 304.57    Sell 125
01.10.08 292.42    Buy 120
12.31.07 310.55    Sell 120
12.20.07 297.45    Buy 115
12.17.07 303.67    Sell 115
12.13.07 306.92    Buy 116
12.11.07 314.42    Sell 116
11.23.07 277.02    Buy 102
11.19.07 287.44    Sell 102
11.14.07 291.87    Buy 104
11.05.07 305.60    Sell 104
10.23.07 295.12    Buy 100
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