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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: James Strauss who wrote (50547)5/12/2000 1:05:00 PM
From: el paradisio  Read Replies (2) of 99985
 
James,in my calculations,we have very tight pennant on QQQ at 87 1/4 -87 3/4. Brake above 88 should be bullish.
(Probably ,LG will not agree....I took highs on QQQ on: Mar 24 at 120 1/4,May 01 at 96 1/2,May 07 at 92 and lows on Apr 17 at 78,Apr 24 at 79 7/8 and May 09 at 85 1/2).
Good luck,
el
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