MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.31

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4:00 PM EST

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To: bearshark who wrote (32332)	11/5/1999 8:04:00 AM
From: GROUND ZERO™	Read Replies (2) of 99985

You are correct... of particular interest, look at the SPX chart you posted... if we get unfriendly numbers and gap lower today, then we have a five day island reversal.. very negative... but, if we continue higher, preferably a gap higher opening, then we can use that five day island gap as a measured move into the eventual high of this rally..... GZ

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