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

To: Fun-da-Mental#1 who wrote (37572)	1/16/2000 7:12:00 PM
From: Fun-da-Mental#1	Read Replies (1) \| Respond to of 99985

60-minute NASDAQ looks like it wants to go down tomorrow: 207.61.23.98 It's lacking upward momentum, so it seems more likely to fill the gap than to break through resistance. This is starting to look like my new favorite pattern, the sawtooth (repeatedly gapping up, but then declining to fill the gap again). I'm still trying to figure out if the sawtooth pattern is long-term bullish or bearish, but short-term it seems to indicate that the stock/index will stay range-bound. Just my very questionable two cents worth. Fun-da-Mental