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 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StockOperator who wrote (9662)	4/2/1999 7:15:00 PM
From: TWICK	Read Replies (2) of 99985

Righto, I went back to my charts to verify my indicator settings, volume on this Friday, and re-checked key support levels. I still see support here at 100. I have to agree with j.o., that heavy volume and the price dropping on Friday is a bearish indicator. With that said, I see the next major support at around 75. I did compare my settings to other services on the web, and I may be a bit early with my buy signal. Although my stochastic indicator has reached bottom, it has not turned around, and my MACD is still lagging a bit behind from forming a solid bottom. I could be full of garbage since I'm still learning the T/A side of investing. Any feedback is appreciated, so I can learn. Cheers.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next