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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: StockOperator who wrote (12159)	4/27/1999 11:15:00 PM
From: NickSE	Read Replies (2) of 99985

SO, FWIW, the RUT P&F chart shows Jan. 99 resistance levels taken out today with a break of 436 giving a buy signal. The VLE P&F chart also has given a P&F buy signal today with a break of 975. In the case of the RUT that resistance was at 435.30 (Jan 99) on Monday it closed at 434.97. Today it hit a high of 437.65 but FAILED to break that level on the close when it closed at 435.16. Regards, Nick

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