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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.100.0%Jan 23 4:00 PM EST
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To: Sam Scrutchins who wrote (74191)4/4/2001 9:13:35 PM
From: anon  Read Replies (1) of 99985
 
Thanks Sam,

I expected a low around 11(was early) and a rally to noon followed by a pullback to 2. That happened and i thought we would get a rally into the close. That did happen too, unfortunately from a lower level. -g- You can see on your chart the market tried to rally off the 2 low but couldn't and went lower instead before finding it's way up into the close. All in all, it followed the pattern i was looking at, the structure was there, but it was weaker than i thought. Good luck.
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