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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: donald sew who wrote (57772)8/4/2000 1:40:12 AM
From: el paradisio  Read Replies (1) of 99985
 
Stairsteps...we are presently in the wave up, B....moving towards the top B (c),
or we've already entered the big corrective wave C.
Why I think so...because the top wave B(c) should be close to the neckline...which correspond to 4500.
We never visited 4500 during this correction,which seems to be unusual.
The corrective wave A (5) down was completed in the end of May, IMHO.

home.swbell.net
stockcharts.com[H,A]DACLYYMY[DD][PD20,2!F][VC60][I]
As you see on this charts... the impulse wave, goes faster up than the corrective wave goes down...in the begining...
el
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