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

To: donald sew who wrote (5006)1/30/1999 11:48:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
donald sew: There really is little convergence from the points you posted. They are contained in the rising trading channel. Look at my NAZ chart on Monty's MDA chart page. IMHO

EDIT: Of course I am looking at Semi-Log charts...<g> Went back and looked at Linear Chart...same conslusion.

BWDIK
Regards,
LG



To: donald sew who wrote (5006)1/30/1999 11:58:00 AM
From: NickSE  Respond to of 99985
 
Donald,

As LG already stated, the trendlines are converging ever so slightly.
Probably not enough to be considered a wedge. BWDIK. ;)

members.home.net

Regards,
Nick



To: donald sew who wrote (5006)1/30/1999 12:46:00 PM
From: Chris  Read Replies (3) | Respond to of 99985
 
donald, i just found a new trendline on the naz that can be a big resistance...

to draw it, use 9/1/98 low, 1/12/99 high and extend.

any opinion?


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