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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: bobby beara who wrote (51860)	5/23/2000 10:08:00 PM
From: set	Read Replies (1) of 99985

something I just noticed: users.uswest.net this A/D summation job usually bottoms right around or just before the 39 week cycle. That was even true last year when the SP topped on the cycle. Wish I had a LOT more data to work with, but based on what I have, this time appears to be different. So I have to wonder. Would a weekly close below the cycle low be unrecoverable? EDIT: or ps, whatever. post volume seems a bit high. Maybe the low will just not be breached at all.

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