MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.31

0.0%

Nov 12 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pater tenebrarum who wrote (18526)	6/24/1999 11:20:00 PM
From: HairBall	Read Replies (2) of 99985

heinz: The Dow 30 coming off the first of the year formed a falling wedge, a bullish formation. Many were calling it a descending triangle and where expecting the formation to break to the downside, I did not. I expected a break per the norm for a falling wedge and a rise into April. The Dow 30 is currently in a bullish triangle. The Transport are currently in a falling wedge. The lower trend lines should hold. However, the UTIL fell out of a rising wedge, which is a bearish formation and should have some more downside. Regards, LG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next