MDA - Market Direction Analysis

[Bernard Ng]

Hi augie, I guess only if the current bounce can take us back to the Jan high, we will then get the C you projected. Else, I think it looks more like your projected path without the B-C, i.e. only the breakout at B. If that works out, the current bounce won't last long, we should get ready for the bear suit again.

signed,
Bernard