MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

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Nov 21 4:00 PM EST

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To: Michael Watkins who wrote (49179)	5/3/2000 12:18:00 PM
From: James Strauss	Read Replies (1) of 99985

Watch Nasdaq 3600 To 3656... ***************************** The Nasdaq is seesawing back and forth without conviction... Look for a test in the 3600 to 3656 area... This resides on the lower ascending trendline... The upper descending trendline is in the 4124 area... So, we need to hold 3600 and eventually break through 4124... If we don't, we'll be saying "Hello 3400" again... bigcharts.com The 5 day chart is not too pretty... But, there are possible bottoms in MACD and Williams%R... bigcharts.com Jim

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