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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 692.76+0.5%4:00 PM EST

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To: Jerry Olson who wrote (47011)4/17/2000 3:19:00 PM
From: James Strauss  Read Replies (1) of 99985
 
if we break thru 1392.50 futures we'll explode...

watching the bulls and bears right there.. sellers are there tho...


OJ:

There's always two edges on the sword blade... : >

We'd need to see a close above 1392, and then a test of that area to satisfy the short termers... We need to see a close and successful test of 1489 for a resumption of the intermediate term uptrend...

Jim
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