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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%4:00 PM EST

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To: el paradisio who wrote (50693)5/14/2000 12:54:00 PM
From: James Strauss  Read Replies (2) of 99985
 
QQQ...

el:

The 84 area is the apex of the short term trendline slightly below the 200 day MA on a compressed 3 month chart... It's also slightly off the bottom of an Envelope Channel and the 100 day MA... A break above the upper range of the Channel in the 95 area, on a closing basis, would be a bullish indication for Tuesday...
chart.bigcharts.com

Jim
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