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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%Nov 18 4:00 PM EST

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To: Walt Deemer who wrote (33283)11/12/1999 10:20:00 AM
From: Vitas  Read Replies (2) of 99985
 
Walt, great indicator. How about using 1.15 as a threshold?

I see in 1987 it peaked somewhere around July - could you please give
us the actual date and reading at the peak?

The pattern looks similar now (to me) in that we peaked in July ? at
around 1.15 and now have reached a higher NAZ on a lower reading, a divergence, while SPX, NYA, Dow have not, also very similar to the new high in the NAZ early October 1987.

Just talking about the pattern, not the crash.

Thanks,

Vitas
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