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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.28-0.5%Dec 1 4:00 PM EST

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To: Challo Jeregy who wrote (14205)5/17/1999 12:17:00 PM
From: donald sew  Read Replies (2) of 99985
 
Challo,

The DOT.X is right now sitting on its trendline. The coordinates for that trendline are the lows of mid APRIL and early MAY. That trendline
is also the lower trendline of the TRIANGLE.

AMZN, one of the BELLWEATHERs of the DOT.X, has lost about 45% off its highs of 220 in only 3 weeks. Not a good sign.

seeya
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