MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

4:00 PM EST

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To: Death Sphincter who wrote (62422)	11/14/2000 7:29:06 AM
From: Arik T.G.	Read Replies (1) of 99985

DS, All i can dig out from the recent action is the clear ABC from 10/18 to 11/06. You still think this is 1 of ED 5 of larger ED? My bearish count is still valid as the NYSE never took out 672. Also looking at the SPX daily the pattern that now seems to be looming at me is the failure to achieve new high on the limping rise from 4/14 to 9/1, which could have been a very nice ED itself if not for the 3 being a bit larger then the 1. ATG

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