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Strategies & Market Trends : Classic TA Workplace
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To: the-phoenix who wrote (127869)1/10/2006 9:29:57 AM
From: skinowski  Read Replies (3) of 209892
 
I don't know what to say about $MID. It's near new highs - it simply does a different dance than the broader markets. But SPX can still be easily seen in a corrective light. We should recall that this breakout from the low of a few days ago is still in line with what we expected to happen once the consolidation since Nov 23 would end.

The down gap open right now is interesting -- will it hold?
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