MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

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Nov 28 4:00 PM EST

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To: pater tenebrarum who wrote (14119)	5/17/1999 6:27:00 PM
From: bobby beara	Read Replies (1) of 99985

Heinz, been watching the volitility on the brokers and it appears lowest volume and price spreads were on the 12 & 13th and we are twirling around now, but haven't as yet indicated which way, SCH bounced off the trendline and closed on it's high, volume is slightly upticking now and the nutz indexes look like that are at a pinnacle of the triangle. AMTD's triangle looks like it dribbled out of the pinnacle on fairly low volume and reversed today, which is tending to look like a false breakout. Still like NDB, very low volitility and low volume, is usually a precursor to high volitility and high volume. bwdik

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