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


To: James Strauss who wrote (1617)12/13/1998 11:11:00 PM
From: pete  Read Replies (1) | Respond to of 99985
 
James,I agree with your market view.I think it will be a tough week ahead!Even though normally a strong week during expiration.Usually the Wednesday before expiration is the strongest day or the week.If we can not rally on Wednesday,watch out below.The stochastics on the Nasdaq and the SP500 AND SP100 are starting to slope down.Also the MACD and MACD Histogram are also showing bearish signs.One confusing item is that the Dow stochastics are mostly oversold so will they get more oversold?



To: James Strauss who wrote (1617)12/14/1998 11:25:00 AM
From: Paxb2u  Read Replies (1) | Respond to of 99985
 
Jim,

Are you saying that because the summation index has turned over??

Thanks, Peter :o)