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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%4:00 PM EST

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To: SpongeBrain who wrote (6880)2/22/1999 11:50:00 PM
From: Hawkmoon  Read Replies (1) of 99985
 
Sponge,

I was looking at the same data, and especially the A/D volume indicator which double topped just prior to last fall's correction.

decisionpoint.com

But what I have found most particularly interesting is the recent action in the Russell indices!!

The RUT is bouncing off a triple bottom:

decisionpoint.com

While The RUI and RUA looked be ready for new highs:

quote.yahoo.com^RUI&d=1y

quote.yahoo.com

Anyone out there able to provide a little insight into what general economic and market conditions cause a market rotation to small caps?

Regards,

Ron
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