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

To: HairBall who wrote (29921)10/15/1999 11:59:00 AM
From: KM  Read Replies (1) | Respond to of 99985
 
I have MB Trading, which is one of those direct access brokers. I've had no trouble at all. I wouldn't even attempt it with a traditional online broker.



To: HairBall who wrote (29921)10/15/1999 12:14:00 PM
From: Slow&steady  Respond to of 99985
 
Eerie. The whole market on low vol, sitting like a coiled spring. Which way will it go?



To: HairBall who wrote (29921)10/15/1999 12:26:00 PM
From: JDinBaltimore  Read Replies (1) | Respond to of 99985
 
L.G.

Are we allowed to still post stupid questions?

If so I have one. I'm using Qcharts, and I'll admit I'm a novice at charting. I got a trend line off recent lows showing support at about 1256 on SPX when we went through this morning we came back above it - so I'll assume its valid. If SPX penetrates that support again (it's been bouncing all day. Would this signal further down?

Thanks in Advance
JD


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