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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.40-0.5%Jan 14 4:00 PM EST
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To: Temple Williams who wrote (61798)11/3/2000 9:34:04 AM
From: virtualsignal  Read Replies (1) of 99985
 
Hi Temple, looks like the payrolls turned out to be a none event and now the election could influence trade.

This stretchmark ... sideways non-decision that resolves little ... seems to me, the mkt is building a solid base on higher levels, a very bullish sign for the next several weeks, not that it matters for the quick trader.

For today, I also see that 1442 is the battle line and the same for 3450 in the ND's, if it fails and we get the stomach-lurching dip I'll be watching the 1419 line for strong support.

VS :)
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