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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: HairBall who wrote (41241)2/24/2000 5:30:00 PM
From: IndexTrader  Read Replies (1) of 99985
 
Thanks for the chart LG.

1358 SPX did fail so I would think we have to test today's lows. The outcome of that should give direction for the next couple of weeks.

By the way, there is a flag forming on the Naz Comp (60 min). I can't decide if its a bull or bear, though. (My guess is bear). The daily candle is a hangman and we are at resistance. The Naz does not like to follow the rules though. <g>

siliconinvestor.com

Susan
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