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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.04-0.1%Dec 9 4:00 PM EST

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To: HairBall who started this subject1/25/2001 11:17:45 AM
From: HairBall  Read Replies (2) of 99985
 
Both the COMPX and NYA bounced exactly at obvious horizontal price action support for both Indexes. My short-term intraday technicals continue to deflate with the NYA falling near mid range and the COMPX nearing oversold as the horizontal supports were tagged. Medium-term intraday techs rolled over yesterday in overbought territory. More relief is expected after the above mentioned short-term related pause!

Regards,
LG
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