Replies to post #13538 on MDA - Market Direction Analysis (MDA)

[LG]

RCKS: In medium to longer-term positions, close works.

My TradeStation SPX (S&P 500 Index) Weekly Semi-log Chart
Note the dashed horizontal line at this week's low so far, glancing to the left to note the number of inflection areas(support/resistance) along its backward path. While still above the 960 range it illustrates the support in or near the range...

NOTE: This image is a dual 19 inch monitor screen capture and is very wide.

http://img293.imageshack.us/my.php?image=20081008tsspxweeklyqg5.gif

LG