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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: HairBall who wrote (50539)5/12/2000 12:26:00 PM
From: James Strauss  Read Replies (2) of 99985
 
Nasdaq Coming Back...
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LG:

Yesterday the Nasdaq won the battle in the 3400 support area on slightly higher volume... Now, it's attacking Hill 3600 with a vengeance... : > chart.bigcharts.com

Note the 7 period MA above the 14 period MA... Also note the breakout from the price channel... We need to see closes above 3600 and 3700 to continue along this reversal path...

Jim
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