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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.52-0.3%4:00 PM EST

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To: Stcgg who wrote (64425)12/16/2000 7:11:40 PM
From: Gary Burton  Read Replies (1) of 99985
 
Stcgg--maybe we take out 2530ish on significantly fewer New Lows--thereby setting up a glaring Positive Divergence and bringing all the chart types off the bench en mass? The best PD is when we make a lower low but on better technicals like new lows,macd,rsi etc. Thus far, we don't have it since the heavy New Lows occured on the 2530ish print day.----Boy, I'm sure eyeing that new moon plus solar elcipse day on Dec25--ie Fri Dec 22 for key turn day! Hey the guy on Longwaves swears by the 49day cycle for the Naz, trough to trough and would you believe--you got it, it's Dec 22
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