SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bearshark who wrote (9192)3/25/1999 10:29:00 PM
From: Terry Whitman  Read Replies (2) of 99985
 
After a little bearish review- What I'm seeing is that the DOW Transports are in an obvious Bear Market Rally. Lets look at the weekly instead of the daily:

207.95.154.130

The FALLING Trend line off the tops from April and July of 98 has not been penetrated. The old high has not even been seriously threatened for 12 months now. This is with a new DJI high. Serious Dow Theory divergence. Ignore it at your own risk, I'm not.

Of course if it breaks thru that downtrend line, we may have a different setup. I don't expect it though.

BWDIK,
TW
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News