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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 674.96+0.9%Nov 25 4:00 PM EST

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To: Lee Lichterman III who wrote (9844)4/5/1999 10:38:00 AM
From: donald sew  Read Replies (2) of 99985
 
Lee,

>>>>> I haven't changed the OEX chart but there is a rising triangle which would imply a break upwards. <<<<<

When I checked the OEX, I have a similar pennant formation with similar dates.

Not sure what you mean by a rising triangle. Presume you mean that the lower trendline is moving up at a faster rate than the upper trendline is declining???.

seeya
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