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


To: Benkea who wrote (26297)9/19/1999 3:11:00 PM
From: bobby beara  Respond to of 99985
 
B, It's called a morning doji star and it is off a major support level, the bears threw everything they had at the market and couldn't take out the all important 200 dma where a whole bunch of fund switchers will go on sell signals.

The next resistance is the downtrendline off the top, which isn't that far away and then the 20 day band in the 1370's.

the markets reaction to the trade #'s will be important, but everybody already knows they are going to stink.

bb