MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: StockOperator who wrote (13868)	5/14/1999 11:39:00 AM
From: donald sew	Read Replies (1) of 99985

StockOperator, Take a look at the advance-decline line. During the recent runups the advancers were ahead of the decliners by about 50%-100%, but with one one down day the the decliners are are ahead of the advancers by about 200%. The market on a price perspective are bad but not awful, but the decliners increased at a greater rate. Such should turn the Mclellan indicator and summation index down/top off. seeya

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