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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.40-1.1%Dec 17 4:00 PM EST

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To: Les H who wrote (49551)5/6/2000 12:13:00 PM
From: Terry Whitman  Read Replies (1) of 99985
 
TOY has led the market by about a month for the past year or more. Particularly the tops. It is currently breaking UP thru the 200 day ma, and the downtrend line.
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A turn down from here would be bearish for the market, though not necessarily immediately.

The index charts are all amazingly neutral on a daily and weekly basis both. Trading range continues until we break one way or the other is my plan.

TW
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