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


To: el paradisio who wrote (50597)5/12/2000 5:08:00 PM
From: patron_anejo_por_favor  Read Replies (4) | Respond to of 99985
 
Yes, very nice Graveyard Doji on the COMP. Note also that we tested the 200dy MA from below and failed. We also closed below the 200dy MA for 3 cosecutive days (the first time that's happened this year). I would not at all be surprised to see us produce a long black stick on Monday and complete an evening star, in preparation for Tuesday. (What happens if the news is not bought on Tuesday,
hmmmm)



To: el paradisio who wrote (50597)5/12/2000 5:10:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Well Oil hit $30 intraday closing at $29.61, well above the $25 low of April. Oh Gee now how will May PPI come out? or they will ignore the price rise again as seasonal.

BTW PPI was actually flat if not for adjustments.

CRB also is not abating and it seems that the weather does not cooperate with the grains.

Wonder how the market will react to 50 bp rate hike.

Haim