MDA - Market Direction Analysis

[hk2]

...making you work again today? ]

Hi Augie,
Just got back home after a 12 hour drive from Ohio. (got serious hung up in traffic in D.C.) The Mrs. is in the Navy, and currently overseas (in an undisclosed location <g>), So I took my daughter up to see her family (my inlaws)

At any rate, I've been out of touch from the markets since Monday.

I haven't begun to catch up on any of the boards I follow yet, but a quick glance at the 60 min shows me a set of parallel lines forming a very shallow downtrend/ very long bull flag. The resistance line starting 6 Dec & the support line starting 9 Dec.

Got me scratching my head, because it's like they are still trying to kill the time premium from OE week.

After I get some sleep & catch up with the boards, I'll post a chart if no one has yet.

Jim


Jim