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


To: Skipperr who wrote (4747)1/27/1999 10:07:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
To Skipperr and All: Pardon if this is to "complicated"...<g>

Thanks to Monty reference charts for my lasted update:

Message 7502064

can be found at: cp-tel.net

Note: The Charts are Daily Semi-Log and the Dow Chart is Theoretical Data.

Dow Chart: (Lower Windowpane)

Purple Trend Lines: Are previously discussed pitchfork tines.
Dark Red Trend Lines: Are the falling wedge. Notice when the lower descending trend line is extended to the left it aligns to the Nov 98 high.
White Trend Lines: Are the resolved bearish flag.

EDIT: Monty wanted me to mention that the other charts linked may not have been updated at this time.

(All Disclaimers Apply)

BWDIK
Regards,
LG