SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeev Hed who wrote (69407)2/17/2001 5:49:48 PM
From: KymarFye  Read Replies (2) of 99985
 
To Zeev and all: Here's a take on Nasdaq Bull Market retracement levels, perhaps confirming or at least affirming Zeev's lower support at 1900.

home.pacbell.net

I believe I've made a reasonable set of judgments as to beginning and end points for measurements, but, anyway, in calculations over such long periods, even seemingly substantial differences don't matter much proportionally. Though I believe there's a good argument for not getting too precious on scales of this type, if you choose to chart absolute highs and lows instead of monthly closes, a very similar conclusion can be drawn - that we may be very near a major (generational) inflection point, even if we haven't yet passed through it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext