SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HairBall who wrote (24511)9/2/1999 9:30:00 AM
From: HairBall  Read Replies (2) of 99985
 
To All: The Technicals revealed the Market was going down, long before this recent news form Fed Gov Kelley. I can't imagine Greenspam, not raising one more time, unless the Market tanks. The Talking Heads always have to attach an excuse or reason for the Market to do what it does.

Now, just for those that are interested, the previous rising support line that has become resistance on the TYX 60-Min Semi-Log Chart is still in play. It has been penetrated this AM, let's see if it gives way completely or if this is just an overshoot. That support line can be identify as a rising red line inside the rising wedge (blue lines) on my Qchart TYX chart on my I-35 Road Kill page. Uploaded on Sunday, it is not current but you can use it to draw your own and track it.

If you are interested in seeing it check my profile for the link to the Road Kill page or there is a link on the MDA Web Site as well.

Regards,
LG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News