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


To: Saulamanca who wrote (62380)11/13/2000 12:08:09 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Jim Bryan: I have my take on that divergence, but I would be curious as to what yours is. TIA

Regards,
LG



To: Saulamanca who wrote (62380)11/13/2000 12:24:44 PM
From: virtualsignal  Read Replies (3) | Respond to of 99985
 
Jim, another look at the NDX

take the 10/98 low of 2300
take the 3/00 high of 4800
equals 2500 pts
with an 88% retrace=2200 pts

NDX=2600
may provide a bounce, imo.