MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Moominoid who wrote (12559)	4/30/1999 3:23:00 PM
From: HairBall	Read Replies (1) of 99985

David Stern and All: The NDX rocketed out of the falling trading channel this AM, it just bounced off the upper falling trend line of that trading channel. (5-min bars) So even with this sharp decline, it is still trading at less of a decline than it was yesterday, so far! The DJI also found support at the intraday consolidation pattern formed with the lows of the price action on 4/22,23,26. (60-min bars) Regards, LG

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