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 659.00

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James Strauss who wrote (23365)	8/18/1999 9:52:00 PM
From: briskit	Read Replies (2) of 99985

James I agree it looks upward bound. If the 5 DMA can cross the 20 and we get through 1350 resistance we should be looking to test 1370 again. I wonder if this small interim resistance will prove difficult if the DOW and COMPX don't see their way through current resistance. One difference I see between May/June and now: we have just set a lower low (8/10 which also got below the 200 DMA). May/June had just set a higher low before making its big run up. Tomorrow will be interesting after the retreat at the end of today. All the indexes closing at their lows of the day after big runs may be normal rest taking. BWDIK Regards Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next