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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (6161)5/25/2000 11:45:00 AM
From: James Strauss  Read Replies (1) of 13094
 
The Market...
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The NDX is now above a downward sloping trendline at 3260... It now needs to break above an intermediate term trendline in the 3567 area... A successful test there could set up a test of the 3800 area... The heavier volume in these blue chip Nasdaq stocks to the upside is a bullish sign... chart.bigcharts.com

The S&P 500 is comfortably above the 1382 area... A close above 1436 can take it to 1500... A failure at 1436 could mean a retest of the 1368 trendline...
chart.bigcharts.com

Jim
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