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Replies to post #49714 on SPDR S&P 500 (SPY)

Replies to #49714 on SPDR S&P 500 (SPY)
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GLENO34

05/14/08 7:33 PM

#49727 RE: bobjack #49714

bobjack...How I read that is when we start the downtrend then ADX will turn up as the downtrend should be stronger than this phoney upmove...The ADX measures the strength..as you say NOT the direction..