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


To: Trading Machine who wrote (24034)8/27/1999 11:00:00 PM
From: HairBall  Respond to of 99985
 
Trading Machine: Head and Shoulder formations are not reliable at best. I looked at the SPX and don't see a clear formation...but that does not discount the fact that you see one!

I would put more faith in the rising wedge formation I mentioned earlier today. It has broken to the norm which is down.

Regards,
LG