MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: eichler who wrote (81315)	8/9/2001 10:48:21 PM
From: mishedlo	Read Replies (1) of 99985

Also, stochastics are in oversold range. Also given how far price fell away from the ST downtrend line, it appears that a bounce back to the downtrend line at least could very well occur. Eichler most of the crap I follow is neutral to oversold. If we bounce "up" to the downtrend line where is that? That should set the stage for a big fall. Or is the downtrend line below. HELP. M

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