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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

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To: HairBall who wrote (29921)	10/15/1999 12:26:00 PM
From: JDinBaltimore	Read Replies (1) of 99985

L.G. Are we allowed to still post stupid questions? If so I have one. I'm using Qcharts, and I'll admit I'm a novice at charting. I got a trend line off recent lows showing support at about 1256 on SPX when we went through this morning we came back above it - so I'll assume its valid. If SPX penetrates that support again (it's been bouncing all day. Would this signal further down? Thanks in Advance JD

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