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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: eichler who wrote (79495)	7/5/2001 12:58:13 PM
From: eichler	Read Replies (1) of 99985

FWIW $compx Daily a hair away from producing good sell signals on stochastics and ADX. 60 minute chart ST uptrend line in danger of violation to downside. Price needs to hold above the 2080...otherwise IMO the current "rally" is over.... On the "plus" side is oversold stochastics on 60 minute and lower timeframes. BUT, if sell off accelerates...that won't mean squat. Oversold will then become more oversold...best chance to save the rally is right now...

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