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

To: Gersh Avery who wrote (4804)1/28/1999 8:29:00 AM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Gersh: Wow, having all these charts to view folks analysis is great. Thanks Monty...

I assume you price line is of the daily close of the SPX? I understand the upper descending trend line, but I am not sure how you arrived at the lower ascending trend line on the SPX?

Interesting, another pitchfork...from a larger time spread!

Regards,
LG



To: Gersh Avery who wrote (4804)1/28/1999 8:30:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Gersh,

Yep, thats the bigger PITCHFORK, and the FORK I have mentioned fits in the upper half of that big FORK. If I recall correctly the FORK I mentioned per the SPX has a slight incline. The lower trendline of the smaller FORK should also intersect the larger fork in early FEB.

Lots of stuff coming to a head in early FEB.

seeya


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