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


To: bobby beara who wrote (27799)9/29/1999 12:02:00 AM
From: Vitas  Respond to of 99985
 
Bobby, yes we took out the 1994 a-d top. This is not a bullish development -g-

So, let's look at the ratio summation:

1957 bottom at -1642

decisionpoint.com

1970 bottom at -2383

decisionpoint.com

1987 bottom at -1665

decisionpoint.com

Today we are at -1012

decisionpoint.com

another day of a solid negative oscillator reading should push
the summation towards the next breakpoint of -1250, although it
could go sideways first with an oscillator rally towards zero.

the 1957, 1970, and 1987 markets were examples of corrections that started approximately 330 trading days from the a-d line peak.

Vitas