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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: Michael Watkins who wrote (48716)	4/30/2000 1:39:00 PM
From: James Strauss	Read Replies (1) of 99985

Mike: Using an intermediate term MACD reading, as you stated, does show improvement: charts.barchart.com Going back to 1998 and using the fast MACD shows the signal in October... That signal which led to the advance to 5000 was not as strong as the current signal... charts.barchart.com There is a possibility of a test to the downside at 3600, but that seems less likely today than it did on Thursday... Jim

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