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

To: Fun-da-Mental#1 who wrote (26059)9/16/1999 12:31:00 PM
From: scotty  Respond to of 99985
 
Fun-Da-Mental#1....Could be profit taking, or a sense that earnings will not be up to snuff, or foreign liquidation, or fear of October. Someone is heading for the exit....scotty



To: Fun-da-Mental#1 who wrote (26059)9/16/1999 3:00:00 PM
From: Lucretius  Read Replies (2) | Respond to of 99985
 
give the man a cigar....



To: Fun-da-Mental#1 who wrote (26059)9/16/1999 10:03:00 PM
From: Fun-da-Mental#1  Read Replies (1) | Respond to of 99985
 
S&P 500 chart patterns at various time scales:

In the past few days we've been in an accelerating downtrend:

siliconinvestor.com

In the past few weeks we've fallen out of the bottom of a wedge:

siliconinvestor.com

And in the past few months we've formed a truly classic head and shoulders pattern.

siliconinvestor.com

Apologies to anyone who's mentioned these things before, I just thought it was worth putting it all together.

Fun-da-Mental


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