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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 674.96+0.9%4:00 PM EST

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To: Zeev Hed who wrote (22257)8/5/1999 8:28:00 PM
From: HairBall  Read Replies (1) of 99985
 
Zeev Hed: Seems the "close the gap" expectation is gaining a chorus...<g>

I have two supporting trend lines, one was in play today at roughly the 20.5 area and the longer-term supporting trend line closed today in the 11.5 area. To close the gap, a retrace to 10.5 would be needed.

Regards,
LG
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