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


To: Lee Lichterman III who wrote (13115)5/7/1999 3:20:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
>>NASDAQ could also fall to the bottom red tine if the support in the 2127 area is violated.<<

Too late to edit, had my SPX and NASDAQ last two numbers confused. SPX 1327 is critical and NASDAQ 2450 is critical.

Also, I did not have time to update all the weekly charts but I did update the DOW, NASDAQ and SPX weekly charts.

The SPOO traders I watch have their neural nets pointing up long for either tomorrow or Monday so if the economic data is OK we may get a bounce.

Good Luck all,

Lee