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Pastimes : Vendit's home on the range
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To: Carolyn who wrote (220)6/14/2000 7:55:00 PM
From: Vendit™  Read Replies (1) of 381
 
OK this is a little closer view of the same chart.


stockcharts.com[DB][PB50!B200][VC60][IUB14!LA12,26,9!LH14,3]

Stochastics are showing a very over-bought nasdaq.They also show a confirmed sell signal for this index. MACD is pointing to the same thing as well but as you know it lags behind the stochs indicator a few days. Both show over-bought conditions which is important.

Do you have a specific question about my findings or just the chart in general?
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