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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 684.83+0.6%Dec 22 4:00 PM EST

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To: Qone0 who wrote (97256)3/26/2020 11:22:14 AM
From: HairBall  Read Replies (1) of 99985
 
Qone0,

More often than not I only skim the thread, as my primary interest lies in intermediate and longer term position trades. I am making the time to be more active on the thread as of late, because I warned this decline was coming in advance and have since called a significant bottom. I will leave the day trading to you guys.

I pretty much defer to my own methodology, as it has served me well for decades. However, I do like to see and understand how others are trading and investing, their (your) methodology. So from time to time, I might ask to be linked to a post referred to so I can catch up, etc. Or may ask a question already asked and answered, because I missed the exchange.

As I understand the chart, D is the target and if reached one would go short. Does that pattern predict how much of a decline to expect after reaching D?

I apologize if you have already explained this...

Regards,
LG
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