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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (132362)	5/4/2006 8:12:06 AM
From: the-phoenix	Read Replies (1) of 209892

Your observations match up with what my favorite indicator is telling me here. NDX/SPX ratio has reached that band of support that has led to a bounce every time it has been touched since last summer: stockcharts.com It's possible that the ratio could rise with a falling market, but that pretty much doesn't happen.

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