Replies to post #4692 on MDA - Market Direction Analysis (MDA)

[augieboo]

I see what you mean, but I'm sure there's an explanation. Not that we really need to know. <g>

On to something of meaningful interest, COMP is getting very close to the A=C line off the December top.

[augieboo]

CHIT! Meant to send that last one to the board.

To recap: There is an interesting divergence in the Forks on the COMP and NDX charts. NDX has dropped below the lower black line but is farther away from its A=C retracement off the December high. Can't figure out what this means. Anyone?

[augieboo]

re: the Fork difference. On the one hand NDX does seem to move faster than COMP. But on the other hand, given that NDX moves faster than COMP, why is COMP closer to its A=C line than NDX?

As the bald dude in Anna and the King used to say: "It's a puzzlement." Of course he was trying to figure out women, which is a much harder problem, but I think the saying applies nonetheless. {g}