MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Doo who wrote (36567)	1/4/2000 11:49:00 AM
From: pater tenebrarum	Read Replies (1) of 99985

Jeffrey, it usually denotes duration only...at times, the market actually mirrors also the extent of the move in the Bradley, but not always. one also has to keep an eye out for possible inversions, sometimes the Bradley and the market move in opposite directions, which is why i always stress that one should consult other indicators to confirm the likely direction after turning points. the Bradley is no panacea, it doesn't always work...but the turning points often work remarkably well. hb

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