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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.93

0.0%

Nov 14 4:00 PM EST

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To: bobby beara who wrote (32535)	11/5/1999 9:29:00 PM
From: Vitas	Read Replies (2) of 99985

bb, in the pattern we should get a retest - the 1% ema has not gone back above zero, we did not get two days in a row of trin below .50. We will see then if it will turn out to be more than that. And that is if Monday gives us a solid negative a-d day. The Hindenberg indicator may be triggering here with both new highs and new lows above 86 on a rally. In the meantime, although on October 18th I was expecting a sharp bounce, I can't believe it bounced as much as it did. -ng- Vitas

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