MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.70

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To: donald sew who wrote (3283)	1/5/1999 11:32:00 AM
From: Arik T.G.	Read Replies (1) of 99985

Since 12/24 morning , the SPX and OEX have the infamous megaphone indecision pattern of slightly higher highs and slightly lower lows, meaning growing oscillation. On the current pattern the oscillations are even more nervous because the last one (yesterday), although greater in span, took half the time of its predecessors to complete. A break to one side should be quite dramatic. No indications so far to which side the market wants to break. ATG

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