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

To: Michael Watkins who wrote (41770)2/29/2000 4:55:00 PM
From: KY  Read Replies (2) | Respond to of 99985
 
Michael,

Great chart.

My question concerning H & S patterns would be around the time frame...when are these patterns stronger? Over shorter or longer periods of time? Or equal.

Does look like today's action invalidated this possibility.

Thanks. KY



To: Michael Watkins who wrote (41770)2/29/2000 5:18:00 PM
From: Saulamanca  Read Replies (1) | Respond to of 99985
 
Michael,

That NDX chart you posted for a H & S pattern is a stretch IMO.

Now maybe if it has built multiple left shoulders and is now putting in a head, I can see it. Draw the neckline at 3350.

207.61.23.98

But that pattern is still months from being complete.

--Jim


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