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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject5/10/2001 1:09:11 PM
From: Softechie  Read Replies (1) of 37746
 
LOL! Nasdaq Composite : -- Technical -- Inability to build on early advance (failed at trendline off this month's highs) is disappointing. From a positive standpoint is still contained within narrowing week long trading range and above a trendline off the Apr 25/May 4 lows in the 2145 area. However, failure to rebound back through the 2170 area during the current bounce leaves the door open to further short term declines. Initial supports are at 2137 and 2129.
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