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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: bobby beara who wrote (15409)5/30/1999 9:26:00 PM
From: Vitas  Read Replies (1) of 99985
 
bobby, intermediate term the trend is down

short term I can see the possibilty of the market trying to hold 1284, the highs from earlier this year, but the major intermediate term is down.

you can see it in various oscillators, both a-d based and price based.

One of them is TRIX: check it out.

Vitas
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