MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.39

+0.5%

Nov 28 4:00 PM EST

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To: Skipperr who wrote (14993)	5/26/1999 11:39:00 AM
From: HairBall	Read Replies (1) of 99985

Skipperr: Thanks, you are a true gentleman and I bet you can pilot/fly ok as well...<g> Ok QChart fans, use your chart trend line tool, the second one with magnet on for snap to. Looking at a 60-min chart: The NDX/COMPX has found support today (so far) just above the low created on 4/20 with the rapid descent last month. The DOT fell below the same support mentioned above, but did find support at a falling SRL (support/resistance line). To view, connect the highs of 4/13 to 4/27 and extend down. Use the number two tool to connect the points and it will auto extend. You can use the same tool to easily create extended horizontal trend lines by click on the first point and then click on the first point again. (Don't' move the mouse between clicks.) Regards, LG

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