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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: Arik T.G. who wrote (7905)3/10/1999 8:16:00 AM
From: donald sew  Read Replies (1) of 99985
 
Arik,

Yeah, the HEAD & SHOULDERs on the RUT is quite symetrical, especially on the weekly charts. For the right shoulder to be the same as the left shoulder, it appears there is about 2 weeks left.

Yes, am Im also inclined that it will dissolve to the downside soon also, latest early April.

For the immediatiatcy, the TYX just entered the oversold region, so it could pop back to the upside within days.

Seeya
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