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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject7/10/2002 5:23:13 AM
From: J_K   of 209892
 
NDX E-wave update:

wallstreet-online.de

With the failure at 1.022 and the break of 995 Onischka sees a high likelihood that the NDX has resumed the downtrend. Today the break of the resistance 1.007 could lead to a short-term rise into the 1.030 area. Trading below 1.007 could lead to a test of the important support 962 (138%-extension) and 950 (als 162%-extension). Around 962 a short consolidation is possible.

Regards,
JK
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