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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.00

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Nov 11 4:00 PM EST

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To: da_cheif™ who wrote (58036)	8/10/2000 9:50:51 AM
From: HairBall	Read Replies (2) of 99985

da_cheif (or should I say Don W) and All: Many SI gurus calling for a decline. Once again, I would suggest you take a look at the most under used Index... My QChart COMP (Dow Jones 65 Composite Index) Daily Semi-log Chart marketdirectionanalysis.homestead.com My QChart COMP (Dow Jones 65 Composite Index) 15-Min Semi-log Chart marketdirectionanalysis.homestead.com ------------------------------------------------- My QChart Trend Lines My charts are screen captured at (1024 x 768) and are best viewed at that resolution. Green lines are resistance trend lines or resistance horizontal price action areas. Red lines are supportive trend lines or supportive horizontal price action areas. Gray lines (SRLs) are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action. Dark blue lines are formation lines. Light blue lines are previous formations, but on occasion are used to depict longer-term formations as well. Note: Some of the trend lines that appear on my charts may have been establish by one or more price action points not shown in the current view or snapshot. ------------------------------------------------- Regards, LG

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