MDA - Market Direction Analysis Message Board

STOCKTALK

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 662.72

+0.4%

Nov 19 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StockOperator who wrote (9381)	3/29/1999 1:58:00 PM
From: StockOperator	Read Replies (1) of 99985

With about half the trading day gone, things are setting themselves up nicely on many of the charts. The breakout on MSFT looks real. CSCO is challenging weekly congestion on the chart. AMZN has broken through some weekly congestion. So when I look at the charts and consider time frame, I would say that some of the weaknesses that I pointed out are being addressed. Of course this is only Monday. The follow through on this rally is even more critical at this stage than in prior weeks. And of course with the markets again breaking through that 9800 level on the DOW it's critical that we keep an eye on a possible bull trap developing. Good luck trading. SO

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next