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


To: pater tenebrarum who wrote (53573)6/9/2000 2:43:00 PM
From: Fun-da-Mental#1  Read Replies (2) | Respond to of 99985
 
NYA is turning down short-term, but in the bigger picture it looks ready to break out to the upside bigtime:

207.61.23.98

Large ascending triangle:

207.61.23.98

The technical picture is so bullish for the NYA, and yet the fundamentals don't support a big upmove now as far as I can see.

I'm seeing a lot of contradictions lately, that's why I'm mostly on the sidelines.

Fun-da-Mental