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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%Nov 19 4:00 PM EST
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To: StockOperator who wrote (31209)10/23/1999 9:50:00 PM
From: Challo Jeregy  Read Replies (1) of 99985
 
SO,

I take no issue with your post, except one -

DOW - Closed very strong this week with a huge close on Friday.
This index is currently running into a major wall of resistance. One
that it has failed to break out of several time before. A quick look at a
weekly bar chart will reveal the downtrend still intact. Last week's
high was 10718 this weeks high is 10392.

The Dow's intraday high on Friday was 10520.90 and closed at 10470.25.

I think you were looking at Thursday's #'s. <g>

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