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


To: GROUND ZERO™ who wrote (6734)2/21/1999 7:54:00 AM
From: Moominoid  Read Replies (2) | Respond to of 99985
 
Looking at the SPX and 50 and 200 day moving averages the current situation is almost the same as mid May 98 with a wider trading range. So we might not go higher right away but sooner or later (1 month or so) we should try to go higher. I don't think it will work though. Weekly and monthly stochastics also give a similar picture etc. etc.

David