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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST
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To: pater tenebrarum who wrote (14243)5/17/1999 9:38:00 PM
From: bobby beara  Read Replies (2) of 99985
 
Heinz, I don't believe that NDB will last in that range too many for daze. All the internet indexes are sporting mean triangles which are at points and we had super low volume today going into the Fed meeting. It's very interesting that these triangles are coming to a point right at Uncle Allan -g-

Given the high rs and trend of this sector, you have to give the bull resolution the benefit of the doubt, amzn may have reversed off march lows creating a failed H&S pattern with the march hump the left shoulder.

volume will tell.

bwdik
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