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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%Nov 19 4:00 PM EST

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To: bobby beara who wrote (39528)2/9/2000 5:12:00 PM
From: Jacob Snyder  Read Replies (1) of 99985
 
re:gilligan's island in NDX:

If we gap down tomorrow, then the old resistance is re-established, and the trend is down. If we don't go down tomorrow, then old resistance is now new support, which has passed its test, and the trend is up. Either way, tomorrow is a critical test. Is that your take?
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