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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.07

-1.7%

Nov 13 4:00 PM EST

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To: Casaubon who wrote (57795)	8/5/2000 1:00:38 AM
From: el paradisio	Read Replies (1) of 99985

Casaubon, let's continue NYA..... Take a bigger picture....have you ever seen a symmetrical triangle made by 13 MA and a Doji .... siliconinvestor.com This triangle was broken to the upside and I am reading it as a bullish sign. Above 664-665 is a buy signal. Let's take a closer look : siliconinvestor.com Here you can see better...triangle On a weekly chart...this is engulfing, without any shadow on the top and on the bottom of the last white candle. siliconinvestor.com The SPX is also holding nicely : siliconinvestor.com however 1420 area must be watch closely. COMPX is the most vulnerable index here... It looks like 3600 is an important area to hold... siliconinvestor.com and 3900-4000 is the resistance... siliconinvestor.com What do you think about it ? el

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