MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: HairBall who wrote (4239)	1/19/1999 3:25:00 PM
From: Daflye	Read Replies (1) of 99985

Just a quickie, pretty obvious but, the NDX hasn't had a down week since the Oct 8th bottom. At least thats what a candlestick chart is showing me. Bigcharts can't even give me a complete 6 month chart because of the parabolic nature of this run. Even now its pushing to new highs, and dragging the other averages with it. Just seems to be nothing but air between NDX 2020 and 1800. Even a pullback to 1600ish would preserve the longterm trendline. Just thinking aloud. Thanks D

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