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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: Vitas who wrote (17937)	6/20/1999 2:37:00 AM
From: Doug R	Read Replies (1) of 99985

Vitas, "could you tighten it up a bit and be more specific?" In what sense? Draw a line on the S&P along the 6/2 and 6/9 lows. How does an S&P intraday Monday high of 1368 sound? That leaves the intermediate term technical weakness in control while allowing for the MACD headfake and fits in nicely with the 13 dRSI line 4 resistance while opening up the test of the intersection at the end of the week. Doug R

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