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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.66+0.2%Dec 5 4:00 PM EST

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To: Daflye who wrote (5702)2/8/1999 10:34:00 AM
From: donald sew  Read Replies (3) of 99985
 
Daflye,

In case one hasnt noticed, but the NAZ as already given back half of its morning gains in just about 15-20 minutes.

Now I believe that the the LOWER TRENDLINE of that BEAR FLAG has been broken to the downside, and if it closes below it then that would be another short-term negative.

Seeya
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