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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: GROUND ZERO™ who wrote (15924)6/4/1999 9:22:00 AM
From: HairBall  Read Replies (1) of 99985
 
GZ: Well the TYX is up against the upper trend line of its rising wedge. Yields should pull back away from the trend line! Take a look at my TYX Chart.

I am still expecting the DJI and COMPX to drop back into their respective multi year rising trading channels. But I have expected a struggle as the Indices near the upper trend lines of those channels...see my Dow 30 Industrials and NASDAQ Composite charts.

You can view my charts at the MDA Web Site:

homestead.com

Regards,
LG
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