SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: StockOperator who wrote (9381)3/29/1999 1:58:00 PM
From: StockOperator  Read Replies (1) | Respond to of 99985
 
With about half the trading day gone, things are setting themselves up nicely on many of the charts. The breakout on MSFT looks real. CSCO is challenging weekly congestion on the chart. AMZN has broken through some weekly congestion. So when I look at the charts and consider time frame, I would say that some of the weaknesses that I pointed out are being addressed. Of course this is only Monday. The follow through on this rally is even more critical at this stage than in prior weeks. And of course with the markets again breaking through that 9800 level on the DOW it's critical that we keep an eye on a possible bull trap developing.

Good luck trading.

SO



To: StockOperator who wrote (9381)3/30/1999 1:27:00 PM
From: Investor2  Read Replies (2) | Respond to of 99985
 
Re: "That's why I feel this week is critical for the bulls."
and
" ... But I really do think another week or so and the horizon may be a little easier to see."

I read statements like that on SI every week. It is always "next week" when it will be easy to forecast the direction of the market.

Best wishes,

I2


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News