MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 676.47

+0.8%

Dec 18 4:00 PM EST

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To: HairBall who wrote (5411)	2/4/1999 9:21:00 AM
From: Lee Lichterman III	Read Replies (2) of 99985

Well something should give today and while my J6P indicator says we should go up by Friday's close, the charts show either resistance has to be taken out or the support line must fail on my DOW chart. Neither of these is a major level and can be broken fairly easy but I will be interested in seeing how strongly or weakly it is done. Of course the day could just be flat but that wouldn't say much about market strength either. Lee

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