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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.40+1.2%Jan 21 4:00 PM EST
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To: HairBall who wrote (51246)5/19/2000 12:16:00 PM
From: el paradisio  Read Replies (2) of 99985
 
We can get some rebound in the afternoon,however if NDX 3300 will not hold,the next stop is 3000 and the final bottom ,I presume is at 2600.
207.61.23.98
Most indicators are very oversold, but ADX on 30' is only at 20 and on 60' is just below 20.
Judging after ADX, the next move can go in either direction.
el
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