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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who started this subject11/10/2000 12:05:39 PM
From: Teresa Lo  Read Replies (5) of 8925
 
Nasdaq Index Update:

INTRADAY: Even though the Nasdaq futures are down, it's slowing grinding, rather than clunking big time, so let's put some lines up, using ADX and volume as a guide. This is a descending wedge - and if the bottom does not fall out in the next 15M or so, I think we can expect short covering here: ispeculator.com

DAILY: It's the May low, singing it's siren song. An extremely small range day so far, but will they all exhale at the same time? Market "feels" like we're at a point where the bottom pickers are going to have to let out a big scream: ispeculator.com

Teresa
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