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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST
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To: Compadre who wrote (9415)3/29/1999 7:33:00 PM
From: Teresa Lo  Read Replies (1) of 99985
 
If you look at the 45 minute chart of the SP M9, there is a reverse head and shoulders formation that measures to about 1345, a marginal new high perhaps. VIX made a lower low, compared to last week, indicating complacency is starting to set in.
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