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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.21-1.1%Nov 6 4:00 PM EST

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To: Rock_nj who wrote (56322)7/10/2000 11:50:35 AM
From: el paradisio  Read Replies (1) of 99985
 
I think,in the next few days,the market will take a final decision...bull or bear.
INDU,resistance at 10,750 COMPX,resistance at 4070.
That numbers has to be taken out on a good volume.
If not,the possible scenario is a trading range or a bear market,starting around July 20.
INDU
siliconinvestor.com
It is still possible,we are forming inv.H&S,but too much congestion around 10,650 will be negative.
COMPX
siliconinvestor.com
A 4070 seems to be a problem for COMPX
Regards,el
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