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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 652.53

-1.5%

Nov 20 4:00 PM EST

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To: Johnny Canuck who wrote (23882)	10/6/1999 4:26:00 PM
From: d. alexander	Read Replies (1) of 68173

>>>I had a sell signal on the SP500 with a down side target of 1313, but that has now been negated by the DMI on the 5 minute chart hello Harry; sounds a bit mysterious <g> MACD cross on SPX & it closed just above 40dma. Naz is coming up under an old uptrend, then the last unbroken downtrend above that (heavy weather). Now I'm watching for the (hopefully) 1st higher lows in the indices. Maybe the run will extend some before that. I remember YHOO retreating after earnings but I think there were some issues raised at that time that may have contributed to the pullback? Dorothy

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