SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sharck who started this subject5/23/2001 4:44:41 PM
From: besttrader  Read Replies (1) of 37746
 
Thread -- This is what I think. Any comments? --> It looks like the DOW really wants
to test 11,000 tomorrow. It
also looks like the NAZ had blown through resistance from it's recent channel, but now
in fact it has made a rising channel, and yesterday has created another point to
create this channel. If you draw a parallel channel below, you will see that support is
now 2100 at the bottom of the new channel that the NAZ has now created. Therefore,
the NAZ trend is still UP as long as 2100 holds. We could stop at 2200 for instance
for a day or 2, but if we go to 2100 after that, we would in reality, just be bouncing off
of a lower trend line in the channel from mid-APRIL to current time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News