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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%4:00 PM EST
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To: Wayners who wrote (62565)11/15/2000 4:22:20 PM
From: eichler  Read Replies (1) of 99985
 
Yes. Keep in mind that the full moon before had a low (10/13) and reversal but also had a retest 10/18 (which resulted in
a lower low BTW). While the pattern may not repeat exactly,
from the look of the 60 minute chart, I would say a retest
of Mondays low is likely in the next couple days. A lower low is 50-50 IMO. I am taking profits on longs and will be long again on a retest of Mondays lows.

All IMO. Not a recommendation to buy or sell.

Regards,
Eichler
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