Replies to post #8069 on MDA - Market Direction Analysis (MDA)

[augieboo]

It'll be interesting to see if that plays out or not. Lately, bearish patterns haven't worked very well -- to put if rather mildly. {g}

MIR looks like it really wants to break out. My trigger finger is getting itchy. http://stockcharts.com/def/servlet/SC.web?c=MIR,uu[e,a]eaclyyay[d40][pd20,2][vc60][iup13,8,3!ue13,21...

[Trade Hard]

S&P H&S should become invalid when 1007 is exceeded on high volume and momentum.

[Yama]

Augieboo, if you draw those lines from the March low, is that not an ascending wedge. I'm not good at TA, but just wondering why you started it where you did?