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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Smooth Drive who wrote (30874)10/21/1999 12:15:00 AM
From: Vitas  Read Replies (3) of 99985
 
Hi Eric, one thing to look at in conjunction with the NEW HIGH NEW LOW BULLISH % CHART getting into the single digit area is
the percentage of stocks over their 200 day moving average.

Once it breaks the 30 percent level:

decisionpoint.com

it has a tendency to find a bottom in the 10 to 15 percent area:

decisionpoint.com

Vitas
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