MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Les H who wrote (57754)	8/3/2000 8:21:02 PM
From: Les H	Read Replies (1) of 99985

BTW, the Nasdaq rainbow chart and probably also the NDX rainbow chart is now giving the opposing picture as they did in early June. Now, the moving averages cluster at 3850-3900 on their crossing down. On the NDX, the shorter MAs are curling down but still have a little way to go to the 200-day MA.

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