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


To: HairBall who wrote (23)12/2/1998 10:52:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 99985
 
Thanks LG

iqc.com
This looks like a "tweezers top" on the monthly candles for the DOW. That isn't good. The weekly looks pretty bad, too(overbought) with the stochastics approaching 80 on the slow & fast.

The US$ has broken out(to the downside) of the uptrend rebound channel. decisionpoint.com

All in all, it is starting to look very shaky to me. Check out the declining volume as the DOW crested these past couple of weeks.