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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: j g cordes who wrote (408)12/4/1998 4:10:00 PM
From: James Strauss  Read Replies (1) of 99985
 
Thanks Jim...

Looking at the actual Volume of the A/D you can see the divergence between the market high in June that wasn't confirmed by new Volume highs...

decisionpoint.com

Also, the current NYSE numbers are comparable to June, but the current A/D Volume is still less than June... Unless the A/D volume rises above the June highs the market will probably head down...

Jim
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