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 : Classic TA Workplace
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JRI who wrote (63003)1/7/2003 11:52:11 PM
From: ajtj99  Read Replies (1) of 209892
 
It's based upon a couple of things

1. Volume - we broke the falling trend in volume since November on the COMP today.

2. Breach of overhead resistance at 1430 and 1441 COMP.

3. Positive MACD divergence in the daily

4. Steep sloping impulse channel off the lows last week.

As long as 1062 holds early tomorrow and 1075 NDX later, nothing changes this view.

I'm open to the possibility of no .382 re-trace off the low until we hit 1475-1500.
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