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


To: Les H who wrote (10792)4/13/1999 10:33:00 AM
From: HairBall  Respond to of 99985
 
Les Horowitz: Thanks for the heads up, I don't track that one. To many problems with WOW's FDCN data service. It is not allowing me to track my usual group of Indices using the historical CD I purchased. So, I am left to only a few months of data. My indicators will not even kick in with that minimum amount of data. So, I have been flying a little blind the last three months.

The RUT is up near the long-term falling resistance line established at its highs. That is one of the key resistance areas I am watching closely. It can be seen on my RUT chart. (dark green)

I am also watching the TYX.X closely to see if the 54.39 support line holds. (dark yellow line on my chart) And if it does, will the TYX.X resume its rate advance? This is another key support area I have been watching. If it does lift off from here as expected, then it should begin to dampen the recent rally.

(The above comments are only my opinions, do not make investment decisions based solely on anything your read on this or any other thread on SI.)

BWDIK
Regards,
LG