MDA - Market Direction Analysis

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Part 2 of 1991 Analysis...

Here is a comparison of $NAHL for 1991 vs current. Again there are striking similarites. Note the ramp from the lows up to a period of stability that is range bound. This is just what we have done since March this year. Then note in Dec 1991 the first break of the drawn rectangle which correlates well with the first break in 91 to the 100 SMA. Also note the next dump down which correlates with the move in early 92 to the 200 sma.

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I am pooped...good night to all!