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


To: UnBelievable who wrote (50486)5/12/2000 9:33:00 AM
From: HairBall  Respond to of 99985
 
UnBelievable: I may stay plugged in for a while, now that grenades have been lobbed at me again...<g>

Keep an eye on the rising support line of the previous bearish flag for the NAZ Emini. That trend line "should" offer strong resistance. The parameters for today should start around 3434 and end around 3454. This will be important...

Regards,
LG



To: UnBelievable who wrote (50486)5/12/2000 9:53:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
UnBelievable: Here is a chart of the NAZ Emini with support lines and resistance lines...

MY NAZ Emini 60-Minute Semi-Log Chart
marketdirectionanalysis.homestead.com

I see the price action is already back in the flag and testing the short-term down trend line. (green line) We did get a gap filled from this pop.

Regards,
LG