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 679.68

+0.7%

Nov 26 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: stockycd who wrote (13479)	5/10/1999 10:02:00 PM
From: Michael Watkins	Read Replies (1) of 99985

(a lurker emerges) Actually, I do not believe the TYX will close below 57.17 any time soon. In fact, several indicators I use (admittedly they were developed with stocks in mind) point to potentially strong moves in the immediate future. I often use time series forecast (89 days) as an adjunct to other forms of support, resistance and trend lines. If valid for this point in time, TSF89 deliniates rather nicely recent resistance (now support). TSF21 crossed up through TSF89 today and this is often a useful signal (requiring confirmation) of a more sustained move. Two days hence I think we'll know for sure. Michael

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next