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


To: Paul Shread who wrote (56381)7/11/2000 10:22:32 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
10,740

This looks about the third or fourth time that the Dow downtrendline has been breached and/or redrawn. That diamond 'pattern' appears highly suspect since it's been breached in both directions so many times.



To: Paul Shread who wrote (56381)7/11/2000 11:02:23 AM
From: el paradisio  Respond to of 99985
 
Paul,as I mentioned yesterday,the resistance 10,750...this is also a 200 DMA.
Regards,el