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Strategies & Market Trends : NetCurrents NTCS

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To: Mr. Stress who wrote (3425)	11/3/2000 3:22:58 PM
From: Teresa Lo	Read Replies (1) of 8925

RMBS: Well, you might consider a short scalp setup here on the 15M chart, but that's all. IF the triangle tries to break to the upside, fakes and fails, THEN buyers will be trapped, and the first target to the downside is a test of the lower boundary of the triangle, and then the 20EMA15 below in the 61 area. ADX in this timeframe is 65, so yes, it's a bit stretched. ispeculator.com Teresa

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