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


To: scotty who wrote (25915)9/15/1999 12:20:00 PM
From: pater tenebrarum  Respond to of 99985
 
Scotty, TFC prints that always when the following conditions are met: fast moving averages are above slow ma's and price is above all ma's. it is NOT per se a good contrary indicator. i have found however, that when almost all indicators TFC watches are bullish, it usually is a sign that a reversal is near.

regards,

hb