MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.21

-1.1%

4:00 PM EST

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To: HairBall who wrote (47169)	4/18/2000 2:49:00 PM
From: John Madarasz	Read Replies (2) of 99985

LG...to get that gap down, the markets would likely need to decline strongly into the close! I am beginning to see some red in some of the current candles on a few of the primary indexes...<g> I'm just looking in, but I've noticed alot of gap ups this morning on nas stocks with no fills, higher than average volumes on many individual issues and a gap up on the compx. Is COMPX money flow and OBV confirming this rally ? Just kind of feels like a short term trap... a little bit anyway Regards, JM

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