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

To: James Strauss who wrote (48508)	4/28/2000 11:50:00 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

James Strauss: I am a lot more than skeptical...<g> We all look at charts, graphs and indicators, some differ on the images they see in the clouds...<g> As always...the market and time shall let us know for sure... My - SPX 30-Min Semi-Log Chart marketdirectionanalysis.homestead.com Rather than prognosticate, I'll let folks look at this chart and spot the images for themselves...but I would not be surprise at an intraday bounce/pause about now as the SPX test the lower trend line of the larger formation...<g> Good trading... Regards, LG PS: Just a technical note...sometimes a break in a chart pattern trend line will be considered an adjustment to the trend line rather than an actual breach! This is usually decided through after the fact analysis!