SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: epicure who wrote (164)12/3/1998 1:31:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
X: (Intraday Actual 60 Minute Interval Semi-Log Chart)

Well, the DJI is trying to form something. If it is a Bearish Pennant it is not a pretty one...<g>

In addition, the SPX is trying to form a Bearish Flag and the NYA is somewhere between a Bearish Flag and Pennant.

My persona indicators are pointing down. So, these rough formations are tending to support that notion! Maybe by the end of the day they will give off clear boundaries.

Thanks for the heads up...

Regards,
LG