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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 674.96+0.9%Nov 25 4:00 PM EST

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To: donald sew who wrote (6767)2/20/1999 9:07:00 PM
From: stockycd  Read Replies (1) of 99985
 
All,
Here's an indicator I've been using...

clearstation.com

The most useful parameter of market direction is the 13-day EMA Cross Above 50-day EMA and the 13-day EMA Cross Below 50-day EMA notice the bias? If we are going lower the number of stocks where 13-day EMA Cross Below 50-day EMA will get larger still (especially the NASDAQ).

Chris
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