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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: set who wrote (28977)10/10/1999 11:04:00 AM
From: Casaubon  Read Replies (1) of 99985
 
they are both bearish rising wedge tops.

1) should be shorted immediately. The doji reversal candlestick, at the prior high, punctuates the formation as a reversal point.

2)obviously the dow from about two years to present. Wait for a touch of the upper resistance trendline to short or a break of the bottom support line followed by a retrace to the new resistance (at about 10,080).
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