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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (6734)	2/21/1999 7:54:00 AM
From: Moominoid	Read Replies (2) of 99985

Looking at the SPX and 50 and 200 day moving averages the current situation is almost the same as mid May 98 with a wider trading range. So we might not go higher right away but sooner or later (1 month or so) we should try to go higher. I don't think it will work though. Weekly and monthly stochastics also give a similar picture etc. etc. David

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