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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: Daflye who wrote (9979)4/6/1999 1:42:00 PM
From: donald sew   of 99985
 
Daflye,

We just went slightly positive on the DOW. If the DOW closes near its highs and does not exceed +25(intraday), then that would form a HANGING MAN formation which is a good reversal signal per the candlesticks.

If we close flat, that would create a doji which is also a reversal signal.

seeya
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