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

To: HairBall who wrote (39664)2/10/2000 9:44:00 PM
From: bearshark  Read Replies (1) | Respond to of 99985
 
LG:

Here is one of my favorite patterns. A successful retest of a triangle's apex. Although I prefer to match patterns with volume, this one had a nice gap out of the top of the triangle.

I will never buy a move out of the triangle. I will wait for the retest.



To: HairBall who wrote (39664)2/11/2000 8:58:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 99985
 
Great Chart!!! Thanks for posting the chart... It looks like we may have just one more move upward and then the trouble may begin...

GZ



To: HairBall who wrote (39664)2/11/2000 10:14:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
What do you make of the Biotech index? I show a four-day coil in process which may precurse a reversal. (Of course, coils are neutrals. The breakouts/downs are not.)


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