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


To: Les H who wrote (33078)11/10/1999 12:15:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Les,

Although the NAZ is up strongly it has only retested yesterdays highs for now. If yesterdays highs of 3175 hold by the close today then that would for a TWEEZER TOP implying that the pullback that starting yesterday should continue some more. No, Im not saying a huge pullback but that it could be a short-term top.

Of course, if it breaks above 3175 significantly, then it will probably head higher

seeya