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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Challo Jeregy who wrote (329)	12/4/1998 10:34:00 AM
From: HairBall	Read Replies (1) of 99985

Challo and ALL: I am noting a descending trading channel on the Dow Industrials. Starting from the high on 11/27 you will notice a upper descending trend line that has offered resistance to upward movement, so far! (Actual Intraday 30 Minute Interval Semi-Log Chart) Note: For those of you that use Quote.Com live charts, click on the chart button and check log to see Semi-Log charts. You will not see much of a difference when the range is close. Regards, LG

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