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


To: Arik T.G. who wrote (5302)2/3/1999 7:55:00 AM
From: Moominoid  Respond to of 99985
 
Interesting,
But if you take the October and December lows as lower trendline (which we broke) you find it
converges with the upper line next Monday at the 1290s, and that could be the end of the rebound to
the break.


I did it very roughly by moving arrows around on an Excel chart so I might have got it wrong. Also I am only using close values. My upper trend line is above the 1290s for sure. I'll E-mail you my chart.

David