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


To: Saulamanca who wrote (56745)7/18/2000 1:04:52 PM
From: eichler  Read Replies (1) | Respond to of 99985
 
Jim,
Would you expect this morning's gap to the downside to get
filled today? TIA
Eichler



To: Saulamanca who wrote (56745)7/18/2000 2:11:07 PM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
Jim,I agree with inv H&S formation, everything depends... MSFT ,INTC and QCOM results are coming and we don't know yet how the market will react...
NDX 4000, is an important psychological barrier for any upside or downside.
So far,at 4000 a few min ago,I 've got a short time sell signal.
Regards,el



To: Saulamanca who wrote (56745)7/18/2000 3:19:55 PM
From: Paul Shread  Read Replies (1) | Respond to of 99985
 
I've got bear flags in the INDU and SPX 60-minute charts, and a possible one on COMPX. Broke a rising wedge on the SPX this morning, signalling a likely move down to 1440.