MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Compadre who wrote (897)	12/8/1998 2:52:00 PM
From: HairBall	Read Replies (4) of 99985

jaime: If the Bear Flag resolves to the norm and breaks to the downside, to complete the formation it would have to drop below the low of 12/3. I don't track the DJI data so I will guess at around 8750. The expectation would be to continue down from there...I would resort to supporting trend lines and price action for support, but I have no price projection. Regards, LG

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