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


To: t2 who wrote (77295)5/22/2001 8:40:27 AM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
I agree...above 2150 Nasdaq is back in 1990 rising trading channel. Resistance around 2250 was taken out yesterday,
I expect consolidation between 2150-2350 in a short term.
Also possible consolidation for Dow between 11.200-11,400.
I have also short term top for SPX around 1320 and for NDX 2060-2080.
Small caps are very bullish and breaking the resistance from Feb/01
el