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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%4:00 PM EST

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To: Arik T.G. who wrote (9510)3/30/1999 3:36:00 PM
From: donald sew  Read Replies (3) of 99985
 
Arik,

Just checked, the NEW HIGHs are at 34 and the NEW LOWs are at 114. Boy, it had no problem to deteriorate.

Im not saying that its really bad, just that it deteriorated easily. Sometimes it takes a few days for it to move in the same direction of the market.

Not sure what to make of the UTY setting a lower low with the TRAN moving up nicely.

Seeya
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