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


To: Challo Jeregy who wrote (32238)11/4/1999 1:25:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Challo,

Per my short-term indicators the DOW and SPX are in the upper mid-range, keeping in mind that my CLASS 1 SELL signal of last FRIDAY has not been negated to the upside yet, so I could interpret that the short-term downtrend in the DOW/SPX is still intact.

For the NAZ it is in the overbought region near a CLASS SELL signal. I also got a CLASS SELL signal on it last FRIDAY and it is on the verge of being negated to the upside.

seeya