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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.53-1.5%Nov 20 4:00 PM EST

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To: David who wrote (30371)10/19/1999 3:27:00 AM
From: Vitas  Read Replies (2) of 99985
 
David, I'm looking for the 1% ema a-d to hit -100 eventually.

We will probably get a serious bounce starting tomorrow.

An interesting chart to look at is the up months within 40 from 1975,
an Elliades concept.

It is breaking the trendline from 1975.

It may not mean the end of the world, but it does mean that the upward momentum from that time has been broken.

So far, looking at the previous 40 year cycle, 1942 =1982

1999=1957

decisionpoint.com

The comparison is eire, from 1942, the 40 year cycle bottom, to the crash of 1946 which equates to 1987, to the washout in 1% ema terms to -100, 15 years later.

Let's see what develops.

Vitas

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