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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.97+0.1%Nov 7 4:00 PM EST

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To: HairBall who wrote (13756)5/13/1999 11:57:00 AM
From: HairBall  Read Replies (1) of 99985
 
The Dow 20 Transports have broken strongly below a major rising support line, based off the 4/20 low. Next support is at the 4/30 high.

The previously posted resistance line for the COMPX is holding, but the DOT has breached the previously mentioned resistance area, but needs to follow through.

Note: The TYX has found support at the SRL based from the 2/18 low, with next major support at the 3/4 high.

Regards,
LG
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