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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.97

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Nov 7 4:00 PM EST

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To: Casaubon who wrote (51395)	5/20/2000 3:09:00 PM
From: el paradisio	Read Replies (1) of 99985

Casaubon,I can see your point. On another hand, that white long candle,Marubozu, around Mar 16(on a different chart I can see 2 of them ) with the bottom at 588 and the top at 635... they were never engulfed,because the bottom of engulfing candle around Apr 14 is : the top at 660 and the bottom is only at 611. I would consider it as a bearish engulfing, if the bottom of that engulfing candle started Apr 14, would be at 588. el

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