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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.86-0.7%4:00 PM EST
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To: Fun-da-Mental#1 who wrote (53574)6/9/2000 3:33:00 PM
From: el paradisio  Read Replies (1) of 99985
 
Fundamental,I agree with NYA,this index can take the market up as soon as it will blow off the top.
Now, NYA is waiting for the reaction of Indu and Compx.
If 664 will be taken out,this will be our support and a summer rally can be in progress.
On another hand,the congestion in 660 area is getting danger.
T and LU beaten today,should recover on Monday.That should help Indu and NYA. Compx wants to go higher!
NYA is the most important Index now,in my opinion.
el
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