MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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To: eichler who wrote (64981)	12/22/2000 1:03:47 PM
From: eichler	Read Replies (1) of 99985

Looking at the 5 min $compx chart (formations and chart patterns are telling intraday as well), current pattern appears weak to me, like it should break-down and fill the gap below, at least. Rally is being sold, resistance is stiff. Another attempt to fill an overhead gap looks to fail again as did on 12/18 with the gap above from 12/14. Maybe this time is different; just looks like same old, same old to me. Regards

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