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


To: el paradisio who wrote (55450)6/27/2000 12:33:00 PM
From: Tunica Albuginea  Respond to of 99985
 
el p, " this rally seems to have exhausted itself ":

Very true.

The MACD is underwhelming at best.

Look at how much dead weight poor Nasdaq is supposed to
haul out of the gutter ( all the april and May crashes ).

siliconinvestor.com

It is going to need major workout/strengthening program
at Vic Tanny's.

At the end of a Bull run with
-rising rates

a n d

- an Economy which is possibly still out of control


the prudent thing is not to stick your head out,

TA


Message #55450 from el paradisio at Jun 27, 2000 11:29 AM ET
James,the rising bottom on NDX is bullish,but this rally seems a little exhausted for now.

NYA is at the resistance at 647.
siliconinvestor.com.
if,we close here,this candle is not very bullish...

NDX,resistance as well
siliconinvestor.com.
el



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Starting from April 15 lows it has gone up 50%