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 665.67

-0.9%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: KaiserSosze who wrote (12371)	4/29/1999 9:55:00 AM
From: donald sew	Read Replies (1) of 99985

Kaiser, >>>>> RE:DOT.X: In your Index Update your refer to the DOT breaking 550 as major support. Is that a typo? Did you mean 650? <<<< 550 is the main support which is the previous trough about 7 days ago when the DOT.X first sold off. The 50 day moving average is around 619 for today. I would not be surprised to see a bounce in the DOT.X around the 50 day moving average, but as I mentioned in my INDEX UPDATE, I am suspecting that a TRIANGLE/PENNANT may be forming producing LOWER HIGHs and HIGHER LOWs, which would imply that the DOT.X may be consolidating. However, is a TRIANGLE was to form it should be bearish in nature. seeya

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next