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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%4:00 PM EST

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To: GROUND ZERO™ who wrote (18700)6/29/1999 9:05:00 AM
From: Moominoid  Read Replies (1) of 99985
 
My 34 week Bollinger Band analysis seems to show we have just been through the low. I'll E-mail you an Excel chart if you like. Basically we are now in the zone where the bands are narrowing which is the cycle low for the last few years at least.

The stochastics on this chart look like they might soon be in agreement also:

iqc.com

David
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