MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: Boplicity who wrote (51845)	5/23/2000 5:20:00 PM
From: HairBall	Read Replies (1) of 99985

Gregory: I posted some charts this morning before the bell. My Wow COMPX chart has a 90 Rising Trading Channel I identified years ago on it. I expect the NAZ to eventually move back inside that trading range, but not in a straight line obviously. A look at the chart will give you my likely and worse case scenarios. I would not be surprised to see a strong bounce when the NAZ first reaches the upper boundary of that trading channel. Message 13756324 Someone else will need to help you regarding a place to find PE's. Regards, LG

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