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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: Crimson Ghost who wrote (45802)	4/12/2000 8:32:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

George, the bigger picture of the XAU looks like a big falling wedge to me (connecting the highs and lows from last September until now). perhaps there will be a final washout as you suggest, otoh, how washed out can it get? i think it's close to both a good LT and trading buy level... regards, hb

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