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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: bobby beara who wrote (8457)	3/19/1999 7:03:00 AM
From: donald sew	Read Replies (3) of 99985

Bobby, Per my system, I still do not have a technical breakout. We have a price breakout which is common when it sets higher highs, but its not a technical breakout just yet. If the market was to continue up for more than 3 straight days(today thru TUE) then that would cause a technical breakout, per my system. Bobby, Im sticking to my position that the upside will be limited to a few hundred points, say 10,200-10,300, plus I will have a CLASS 1 SELL signal again for the overall market if today closes near its highs. seeya

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