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

To: Les H who wrote (20012)7/13/1999 1:09:00 PM
From: wmwmw  Respond to of 99985
 
Yes, any group rally could not be too far from their fundamental basis.



To: Les H who wrote (20012)7/13/1999 1:25:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Les and all,

On the 5 and 10-MIN charts there is a TRIANGLE forming, with the APEX arriving in about 1/2 hour and around 1140 on the DOW. I suspect that the TRIANGLE should break to the downside in light of the the previous triangles per the 60-min chart breaking to the downside earlier this morning. Also the NAZ is weakening somewhat.

seeya


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