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


To: bobby beara who wrote (57047)7/22/2000 3:02:13 PM
From: UnBelievable  Read Replies (1) | Respond to of 99985
 
The Dates You Mention Are 2001?

the rising wedge is either a sign of exhaustion or a consolidation for breakout, earnings should give the answer, for now i'm looking at the ndx having an abc correction into 4/14 and ABCDE correction from there into 7/17, we should now get another ABC leg that will bring us to new lows in the ndx, the count on the mrvc rising wedge may have finished with the high wave candle on wednesday above the trendline and the doji session on thursday.