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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 694.07-0.2%4:00 PM EST

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To: Jack T. Pearson who wrote (6178)2/12/1999 1:39:00 AM
From: Art C.  Read Replies (2) of 99985
 
Looks as if the market is waiting on "something"---don't know what to decide its direction. If you look at the daily chart of the DOW, it has formed a descending triangle with the lower base at 9100 and the upper leg descending steadily. As far as I can tell, it is going to have to break out--up or down by March.

Art
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