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

To: pater tenebrarum who wrote (10841)	4/13/1999 2:21:00 PM
From: donald sew	Read Replies (1) \| Respond to of 99985

Heinz and all, For those who follow candlesticks: the RUT is possibly making a "DELIBERATION" formation, although an imperfect one. Its where there are 3 white days in a row with the first 2 days are long white days and the 3rd is SPINNING TOP or DOJI with a gap. The imperfection is that today has no gap, but if the RUT drops some more it would become an inverted hammer by itself. The DOT.X, if it closes at 788 range, where it is now, it would make a "MEETING LINES" formation which is a reversal signal to the downside. If the DOT.X drops a little more it would make a "DARK CLOUD COVER" which is a significant reversal signal. seeya