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


To: donald sew who wrote (5221)2/2/1999 2:53:00 PM
From: John Pitera  Read Replies (3) | Respond to of 99985
 
Don, Just looked at uty.x---it has the biggest oversold reading on
the 5 day Rsi in over a year, and the Deepest oversold reading on the
14 Day RSI, so we may be near a short-term bottom, in the next few days, but we should see even lower lows in the next 4-6 weeks.(IMO)

The UTY.x gave us an early heads up as it broke its 200 Day MA
2 days ago.

Best Regards,

John