Replies to post #3916 on MDA - Market Direction Analysis (MDA)

[augieboo]

1347 is the right shoulder of the July-September H&S. But I
tend to agree with you that it doesn't seem all that
important. I think the critical SR from here on is the
falling SR off the Jan '02 top. Once that one goes it's all
down hill for quite some time, IMDO.




MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220

[augieboo]

Jim, here's another strange channel-like thing for you:




MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220

[hk2]

COMPX Daily - Well, so much for the parallel "support" line. Maybe if I had drawn a solid line, we wouldn't have slipped through <g>

Looks like 1315-20 is in the cards.




Jim