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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST
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To: HairBall who wrote (48035)4/25/2000 2:59:00 PM
From: DOUG H  Read Replies (1) of 99985
 
I looked for some reference to your 3250 bounce and could not find one on the NDX, NAZ Emini or NAZ Comp.

That's a good thing because if you had found it, it would mean your eyes are as bad as mine! <gg> Actually, I was looking at the Naz Comp, which bottomed near 3350. (But what's 100 naz pts. between friends)

Re: trendlines. On the Naz Comp. When I take the highs from 4/10 and 4/19 and draw a descending line, it seems to cross the 3550/3600 area. So my question would be, "Is that the overhead resistence for that index?"
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