MDA - Market Direction Analysis

[deuce bigalow]

my kitty likes those coiling charts, meow-crosoft has been in a narrow range 24-26.50, while spring has sprung for the rest of the market,

and had a gap across the downtrendline last week on decent volume,

soft may be a late bloomer, it looks like it wants to break out, it's surprising that it didn't sometime ago, i have a few scenarios (up-down-sideways that should cover just about everything -g-)

soft continues to break out early next week, brings the rest of the market with it,

or it consolidates for a while longer, with the market and we retest 1600, i'm long right now, so i'm hoping for the former.



and while your at it check out my new disclaimer, i don't want to lead anybody astray =g=