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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.21-1.1%4:00 PM EST

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To: IndexTrader who wrote (41083)2/23/2000 4:09:00 PM
From: HairBall  Read Replies (2) of 99985
 
IndexTrader: You can't get a formation out of two daily bars...at least you shouldn't...<g>

Move your analysis to a shorter time interval. Try the 60 or 30-Minute Bars, you should be able to see clearly for a two day time span!

Regards,
LG
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