MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.10

0.0%

4:00 PM EST

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To: Daflye who wrote (6635)	2/18/1999 11:44:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

On my OEX chart I have the middle tine of the long term fork around 595. The mid term fork has it's lower tine around 580 but for the drop to stay in the short term downward fork, it wouldn't be able to get that low until around the 22nd of February. My OEX chart is on my site. Right now the OEX and SPX are bouncing off resistance from intraday 12 minute chart resistance from 2:00 Tuesday and acted as a temporary support level yesterday. Lee

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