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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: donald sew who wrote (923)	12/8/1998 4:15:00 PM
From: HairBall	Read Replies (3) of 99985

donald: The DJI Bear Flag's lower ascending trend line previously acting as support, once breached should act a resistance. The DJI reversed and came back through that trend line and closed above. This is not normal. The DJI needs to drop back out of the Flag fairly quickly or this formation may negate... Regards, LG

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