MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: James Strauss who wrote (51674)	5/22/2000 8:24:00 PM
From: Jerry Olson	Read Replies (1) of 99985

James a nice hammer on the NAZ daily..very nice... let's see what kind of legs this has... my guess is not much... on the daily candle chart..20 period mav is 3644ish..and the 40 is 3869... we will try to take out that candle right next to this one first at 3540..but just ahead is the 20/and the 200 overhead..stiff resistance i would think... tomr will be interesting..turn around TUes??? my guess would be the 20 then selloff again... OJ

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