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


To: HairBall who wrote (63218)11/28/2000 9:25:43 AM
From: theniteowl  Read Replies (1) | Respond to of 99985
 
LG, there is a small daily gap on the SOX from 10/28/99-10/29/99 from 522-530. FWIW SecurityTrader is also showing the same triangle. Looking at your RUT chart and wondering if the top blue line on this chart may lend some support, my WOW chart will not give me any data prior to this period.

oddworldz.com

P.S. Your Sunday commentary played out well yesterday and thanks for the additional comments on the falling wedge. Good trading today.



To: HairBall who wrote (63218)11/28/2000 10:11:47 AM
From: virtualsignal  Respond to of 99985
 
LG Nice SOXs :),
Remains in the downtrending channel, i'ing the resistance at the top of the channel and i'ing the flat bottoms, 619-625 seem as key areas. If this trend were to change a break above the 20DMA @ 680ish and the dtc @ 700 should set up, ^, short covering and decent buying, imo.

Thanks for the chart :)
vs