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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: Benkea who wrote (23667)	8/24/1999 9:02:00 AM
From: Matthew L. Jones	Read Replies (1) of 99985

What's with the candlestick moving averages? I looked on several of my chart generators and see that the $NDX touched (barely) the 50DMA on 8/10 at the intermediate low. Never broke through. Your chart shows a break way through the 50DMA. What's up with that? Is it the way that candlestick charts compile averages? I'm confused (but then I'm not real bright)<ggg>. Help me understand. Matt

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