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


To: bearshark who wrote (18648)6/28/1999 8:37:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
bearshark: I assume by your post you expect the formations to resolve to the norm, which is up. But due to divergences you are cautious. So, you are looking for a substantive resolution of the bullish formation supported by volume. Correct?

If so, you and I agree...the percentage play is to the norm, but major Market trend reversal can include negated trend formations. This period in the Market has been the hardest to get a firm handle on since I first started doing this 14 years ago.

Regards,
LG