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


To: stockycd who wrote (31082)10/22/1999 4:55:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
stockcd:

Are you calling for a retest, higher low, or break down?




To: stockycd who wrote (31082)10/22/1999 5:02:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 99985
 
Chris,

What fork on the NDX are you using? Reversal off the lower tine of fork 2???

Fork 1
Bisecting
High 10/12
Low 10/18
Handle 8/10 low

or
Fork 2
Bisecting
High 7/19
Low 8/10
Handle 6/15 low



To: stockycd who wrote (31082)10/22/1999 7:41:00 PM
From: James F. Hopkins  Respond to of 99985
 
Chris; Yes a lot of people see it..and that will cause pressure
too..as it's hard to miss, at least no TA person would buy
the NDX looking at taht. Me I went short.
Jim



To: stockycd who wrote (31082)10/22/1999 10:30:00 PM
From: donald sew  Respond to of 99985
 
Chris,

>>>> Does anyone notice the H&S that could be forming in the NDX daily chart? This could be very powerful! <<<<<

Im not one who puts alot of emphasis on H&S formations, but it does look a bit ominous, with that INVERTED HAMMER at todays close.

seeya



To: stockycd who wrote (31082)10/23/1999 7:02:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 99985
 
It doesn't look like a H&S pattern quite yet, but I do agree that the big slide to test the recent lows will begin early Monday morning.... and I might suggest that the coming test of these lows will fail.....

I'm interested in seeing your price targets for next week... in my estimation, these markets will be unkind to the bulls.....

GZ