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


To: Les H who wrote (57754)8/3/2000 8:21:02 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
BTW, the Nasdaq rainbow chart and probably also the NDX rainbow chart is now giving the opposing picture as they did in early June. Now, the moving averages cluster at 3850-3900 on their crossing down. On the NDX, the shorter MAs are curling down but still have a little way to go to the 200-day MA.