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


To: briskit who wrote (23460)8/19/1999 9:51:00 PM
From: James Strauss  Read Replies (1) | Respond to of 99985
 
The Market:

Mike:

Notice the beginnings of a lateral movement in the McClellan Summation Index...
decisionpoint.com

This is a slow moving index... It usually correlates well with the primary market trend... What it is now saying is that the correction appears to be ending... Also, the McClellan Oscillator has worked its way back from -200 to -7... It should soon cross the Zero line into positive territory...

Jim