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Strategies & Market Trends : John Pitera's Market Laboratory

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To: GROUND ZERO™ who wrote (321)3/6/2000 8:09:00 PM
From: Chip McVickar  Read Replies (2) of 33421
 
Hello GZ,

Interesting Triangle on the DOW:
Take the trend line you pointed out.., the 2 '98 highs and its' extension to 10,100... Then extend a trend line off the peak in Jan 2000 along the peaks and Tues/Wed you have a major triangle....witha one day break out and one day return to close lower.

Also broke a shoulder support line at 10,350...
And a median line off 12/30 Dec '99...

Expect bull attempt tomorrow that may just fail...?

Chip
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