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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 674.96+0.9%4:00 PM EST

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To: HairBall who wrote (48068)4/25/2000 4:05:00 PM
From: AllansAlias  Read Replies (2) of 99985
 
Just to continue the posts regarding records and volatility...

After the near record gap-up, today takes over 4th place as the biggest close-to-close move on the NASDAQ at ~6.25%. Three of the top four now belong to April/2000.

Important resistance was taken out all over the place, but I will wait for the COMPX short-term top of Apr 19 (~3850) to get taken out before going bullish. Should happen real soon I figure :)

Cheers. --Allan

edit: At 6.56% it takes/ties third.

(ps: Don't Island Reversals normally take place at a new top/bottom? This one did not. A moot point perhaps.)
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