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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: donald sew who wrote (33009)10/15/2000 7:52:32 PM
From: Jerry Olson  Read Replies (1) of 42787
 
Don

a P&F view of the QQQ..

it broke a triple bottom at 87 went to 83..reversed back up to 87, it was repulsed...reversed back down broke that other low of 83, and created a bearish catapult pattern on P&F...it hit 75...

it has now reversed back up again..83 will be 1st R, then "IF" it gets to 87, i'll short it there for damn sure...that would be a double top..

on the daily candle chart the 20 period sma is at 86 1/2 overhead..that will stop this index...
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