SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: el paradisio who wrote (54384)6/16/2000 10:13:00 AM
From: Paul Shread  Read Replies (1) | Respond to of 99985
 
I agree the consolidation near resistance is a plus, but I think SPX 1480 is a hugely important number because it is the upper boundary of a diamond pattern in the weekly chart -- a major bearish pattern -- and our failure to surmount that number convincingly would be a substantial negative, IMHO.