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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: bobby beara who wrote (79818)7/9/2001 11:38:22 PM
From: Zeev Hed  Read Replies (2) of 99985
 
Yes, when it goes all the way back down to the "starting point" it is tough to call the next leg, but, since I see the market turning back south and under 2000 before the week is out, if I play it, it will be only for intraday bounces. putting a black candle at such an important horizontal support is also a bad "omen " (g).

Zeev
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