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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: fut_trade who wrote (1401)11/19/1999 5:49:00 PM
From: J.T.  Read Replies (1) of 19219
 
Peter, The A/D Line has never really been a timing indicator, but more a cumulative broad market barometer.

This barometer is attempting to turn the corner, and we are right at that inflection point where it could in fact take place. If it does not, and in fact turns back down, it will be the old analogy one day of the straw that broke the camels back.

The market will then have its hard and fast correction, and then we can get on with it.

Best Regards, J.T.
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