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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 684.45+0.1%4:00 PM EST

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To: John T. who wrote (56637)7/16/2000 12:39:22 AM
From: el paradisio  Read Replies (1) of 99985
 
John T., the peak,wave No.[5}](5) on NAZ was in the end of March. Now,we entered the beginning of the corrective wave A....
which may last for some time and we are approaching the small wave up (2).
This wave up may be finish this month,or it can continue, with the peak in August.
stockcharts.com[DF][PB50!B200!D20,2!F][VC60][I]
I am also counting gaps,up-down,islands in the recent 3 month.
All that unusually frequent gaps and islands are pointing at indecision.
Gaps are also giving many falls readings on the oscillators and VIX.
Regards,el
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