Replies to post #6052 on MDA - Market Direction Analysis (MDA)

[augieboo]

14 in a row... That's the longest for the DOW, going back to the beginning of 1930.

 
 12/31/86	1896.00 
 01/02/87	1927.30 
 01/05/87	1971.30 
 01/06/87	1974.80 
 01/07/87	1994.00 
 01/08/87	2002.30 
 01/09/87	2005.90 
 01/12/87	2009.40 
 01/13/87	2012.90 
 01/14/87	2035.00 
 01/15/87	2070.70 
 01/16/87	2076.60 
 01/19/87	2102.50 
 01/20/87	2104.50 
 

[positiontrader]

Augie,

Thanks.That's great that you can pull that up.It is possible to go higher without a down day.I noticed we are not overbought on the hourly stochs.Still I went to money markets to sit out Monday.

I looked at monthly charts over the past 10 years on the Naz.The RSI and slow stoch changes in bull and bear were pronouced and also impressive similar to the weekly charts.

Regards

Marc