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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.40-1.1%Dec 17 4:00 PM EST

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To: Lee Lichterman III who wrote (42493)3/7/2000 4:02:00 PM
From: John T.  Read Replies (2) of 99985
 
9760 Intraday per Jerry Favors:

"From here on, as long as the Dow holds above 9760 intraday we would remain bullish. However, if the Dow falls below 9760 intraday anytime from here on our Gann Weekly Chart will give a very important sell signal. This would signal that a much stronger plunge downward is coming, and it could be a major decline. It is imperative that the Dow hold above 9760 intraday from here on."
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