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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%4:00 PM EST

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To: Challo Jeregy who wrote (25322)9/9/1999 9:11:00 AM
From: donald sew  Read Replies (1) of 99985
 
Challo,

Im not sure if yesterday qualifies for DAY-1 of the 3-DAY PATTERN. Although the DOW did pullback significantly intraday(about 140 points) it ended flat for the day and only down about 80 points off the intraday highs. Its kind of borderline this time.

If yesterday was DAY-1 then today should be flat or also down. You may be right, but Im not sure. I like to see something decisive like a move greater than 100 points.

seeya
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