MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.07

-1.7%

4:00 PM EST

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To: bobby beara who wrote (2609)	12/22/1998 12:46:00 PM
From: Jan Robert Wolansky	Read Replies (2) of 99985

BB, I use Advanced Get, which suggests SPX will encounter stiff resistance shortly, in the 1230-1260 range. A pullback will then occur to around 1118-1126. Then the march up will resume. GET says that we are finishing a wave 3 up on the daily chart. The weekly chart says we're in a wave 5 up, until 1336-1366 in Jan/Feb, at which point both the daily and weekly charts will have finished a wave 5 up, at which point we short the hell out of the market. Jan

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