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


To: JH who wrote (50584)5/12/2000 3:44:00 PM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
John C., For QQQ any brake to the upside above 87 3/4 will be bullish and suggesting that another rally is on the way.
If we can hold 87 3/4-88 this will be our support on the downside.

Now we are between 84 1/4(value is moving in time) and
87 3/4 in the process of consolidation.Support 84 1/4 and Resistance 87 3/4.

Any brake of 84 1/4 to the downside will suggest that rally is over and lower prices ahead.
el