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

To: IndexTrader who wrote (41909)3/1/2000 2:13:00 PM
From: HairBall  Read Replies (2) | Respond to of 99985
 
IndexTrader: Actually I have been tracking the smaller rising wedge patterns on both the SP Emini and the NAZ Emini both broke down through the support lines of the wedges in unison.

I only had time to post the one chart...real time. (I hope that was not too vague...<g>)

EDIT: They are shorter time frame formations, time will tell their significance!

Regards,
LG



To: IndexTrader who wrote (41909)3/1/2000 2:14:00 PM
From: sandeep  Read Replies (1) | Respond to of 99985
 
The bear case is gaining strength. All sorts of failures at the resistances. DOW getting dogged as usual...

FWIW, today was supposed to be a panic cycle day and a trend change on 6th march according to GANN cycles - per Princeton Economic Institute.


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