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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: James Strauss who wrote (23336)8/18/1999 6:04:00 PM
From: briskit  Read Replies (1) of 99985
 
The one crossover missing that bothers me is the NYA.X, which is at the 100 dma but below the 50. Everything else is testing April/May highs as resistance right now. Today's close on the DOW looks just like the day after the May high, at the low of the day. So far the DOW and COMPX can't push through, and the NYA.X is nowhere near to lend a hand up. The majority of stocks might not be along for this most recent joy ride up. MD
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