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


To: Benkea who wrote (50229)5/10/2000 7:01:00 PM
From: pater tenebrarum  Respond to of 99985
 
Benkea, i'm delighted re: the financials...interestingly, very little put buying in the sector today, in spite of overall put buying increasing markedly.

regards,

hb



To: Benkea who wrote (50229)5/10/2000 7:28:00 PM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Benkea: I don't have time to comment on the chart, but here is my intraday NDX...give it your own read...<g>

My NDX (NASDAQ 100) 60-Minute Semi-Log Chart
marketdirectionanalysis.homestead.com

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My QChart Trend Lines

Green lines are resistance trend lines or resistance horizontal price action areas.

Red lines are supportive trend lines or supportive horizontal price action areas.

Gray lines (SRLs) are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action.

Dark blue lines are formation lines.

Light blue lines are previous formations, but on occasion are used to depict longer-term formations as well.
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Regards,
LG