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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (16321)6/7/1999 3:25:00 PM
From: Wildstar  Read Replies (2) | Respond to of 99985
 
Anyone,
All of the quote services I use show today's low on the Nasdaq as being 2478. However, I thought that the Nasdaq opened with a gap up at 2490 and I thought that the gap had not been filled? (previous close = 2478)



To: donald sew who wrote (16321)6/8/1999 9:28:00 AM
From: Chip McVickar  Respond to of 99985
 
Hello Donald,

I'm looking for weakness on todays open and possibly a close lower on the day for the SPX....

Base should be about 1315±

On the Nasdaq...it's also hit an intermediate fork and should be weak on the open....base about 2495±

Both of these are just pull backs on the way to 1352 SPX and 2557 for the Nas....

Chip