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

To: KymarFye who wrote (66216)	1/8/2001 11:31:30 AM
From: JRI	Read Replies (2) \| Respond to of 99985

I was talking about the red, upward sloping trend line (Naz 15 minute chart)- drawn from the (potential) double-bottom lows in the last couple weeks.....which, if extended to today, looks like it lands between 2340-2345....however, we got down as low as 2334-2338 this morning....so we did get below it... I s'pose you could toy with drawing the line, and maybe make it still work, but looking at LG's chart looks like we broke it... Naz hovering a bit too low for my tastes now.....hope it holds today's earlier lows...