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Strategies & Market Trends : Sharck Soup

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To: JRI who wrote (14381)4/3/2001 10:36:57 AM
From: StoxRider   of 37746
 
10:32 ET Nasdaq Composite (OPENX ) : -- Technical -- Edged up off a minor support in the 1725/1715 area but failed to even reach congestion at 1740/1745. Unfortunately, unless this area and the 1759/1769 area (today's gap) is taken out, the very short term bias will remain weak. On the downside there is minor chart support at 1690/1680 with a congestive support thereafter at 1660/1650
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