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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: donald sew who wrote (6873)	2/22/1999 11:20:00 PM
From: SpongeBrain	Read Replies (2) of 99985

A/D Bearish divergence..... decisionpoint.com OK, look at the chart Note now last summer NYSE continued higher as the A/D line went LOWER. This preceeded the meltdown. Now look at today. Same thing, only it looks like it could be worse, Market has gone higher since late Nov. with A/D NOT making new highs.... BUT, this signal would have gotten you out in Dec. Is this still a valid indicator? We post commentary on: tradingjournal.com Feel free to sign up for the free email.

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