MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: HairBall who wrote (37161)	1/10/2000 5:54:00 PM
From: HairBall	Read Replies (2) of 99985

To All: The following charts contain the levels (support/resistance areas) I posted earlier today and reveals how the levels came into play. I still contend it is better to post the charts than to just post a level. S&P 500 E-Mini Futures 5-Minute Semi-Log Chart marketdirectionanalysis.homestead.com NASDAQ E-Mini Futures 5-Minute Semi-Log Chart marketdirectionanalysis.homestead.com AMZN 5-Minute Semi-Log Chart marketdirectionanalysis.homestead.com CMGI 5-Minute Semi-Log Chart marketdirectionanalysis.homestead.com QCOM 5-Minute Semi-Log Chart marketdirectionanalysis.homestead.com YHOO 5-Minute Semi-Log Chart marketdirectionanalysis.homestead.com ------------------------------------------------- My QChart Trend Lines Green lines are resistance trend lines or resistance horizontal price action areas. Red lines are supportive trend lines or supportive horizontal price action areas. Gray lines are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action. Dark blue lines are formation lines. Light blue lines are previous formations. ------------------------------------------------- Good trading and see ya next week... Regards, LG

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