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


To: Compadre who wrote (897)12/8/1998 2:52:00 PM
From: HairBall  Read Replies (4) | Respond to of 99985
 
jaime: If the Bear Flag resolves to the norm and breaks to the downside, to complete the formation it would have to drop below the low of 12/3. I don't track the DJI data so I will guess at around 8750.

The expectation would be to continue down from there...I would resort to supporting trend lines and price action for support, but I have no price projection.

Regards,
LG