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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 678.87-0.3%Dec 16 4:00 PM EST

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To: HairBall who wrote (41904)3/1/2000 1:53:00 PM
From: HairBall  Read Replies (1) of 99985
 
To ALL: A quick capture of the real time chart of the NAZ Emini showing the smaller rising wedge with in the larger rising wedge I just mentioned...it has breached the supportive trend line...let's see if it goes ahead and breaks down...

My QChart NQ00H (NADSAQ Emini March Contract) 15-Minute Semi-Log Scale Chart
marketdirectionanalysis.homestead.com

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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.
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Regards,
LG
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