Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: pater tenebrarum who wrote (29350)	10/13/1999 11:08:00 AM
From: TwoBear	Read Replies (2) \| Respond to of 99985

Relatively a novice by this boards intellect in TA, could someone define "maxpain" for me? Thanks in advance. Scott

To: pater tenebrarum who wrote (29350)	10/13/1999 11:38:00 AM
From: HairBall	Read Replies (2) \| Respond to of 99985

Heinz: Three SRAs (Horizontal Support/Resistance Price Actions Areas) on my OEX intraday chart are of interest. The OEX/SPX per my 60-Minute indicators is in the oversold area. The first two are at 684/5 and 677/8. It is possible to see a trading range into expiry. There is also a stronger SRA at 673/4 and may provide an area for a bounce back up into the Max Pain range. However, if the lower SRA is broken I suspect Max Pain numbers will be out of the picture this time. Three key SRAs to keep an eye on... Regards, LG Disclaimer: The above is my opinion only and I reserve the right to be wrong. An overall market expectation is just that and should not be used in exclusion of the evaluation of individual equities or other investment instruments. Do not base any investment decision solely on anyone person's views or analysis. Do your own research and take responsibility for your investment decisions.