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


To: John Pitera who wrote (1698)12/14/1998 1:29:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
John: The IND/DJI is in very strong support areas now. It is in the area of the 200 day SMA, a very long uptrend support line lows of 11/94 and 10/97 and close below is the 50 day SMA.

If this area holds, I will be watching my short/medium term indicators closely to see if they reverse on any retracement.

Assuming we indeed get one...

Regards,
LG