MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.72

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Jan 5 4:00 PM EST

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To: theniteowl who wrote (58579)	9/1/2000 12:55:12 PM
From: HairBall	Read Replies (1) of 99985

thenitowl: how do you determine the starting point for the upper trendline? Check out this web site...http://www.chartpatterns.com/ and you might want to buy the Edwards and McGee book. (I have not read it myself, but others that "use to" frequent this thread have recommended it. the COMPX has today broken through the top of the upper line (in a rather decisive move) would you also expect the NDX to follow suit? Sorry, I am getting back to you a little late on this one. I am not sure what upper line you are referring to...I did have a resistance line on the COMPX that was breached yesterday. The chart for the NDX is slightly different, but I did have a resistance line breached today. Regards, LG

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