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

To: HairBall who wrote (944)12/8/1998 7:35:00 PM
From: donald sew  Read Replies (3) | Respond to of 99985
 
LG,

I also noticed the H&S, and I agree with you that such formation may not be as accurate. From my studies, have notices that such formations on a short-term basis does not have a high level of success, but is more accurate on the longer term.

Well, so far it looks like the STAIRSTEP is continuing to develop. One more more up to below 9200 would complete it, and the closer to 9100 the better. Thereafter the movement should be down.

seeya.


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