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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (116712)11/15/2000 10:07:29 AM
From: Jenna  Read Replies (2) of 120523
 
NQ's have been in a 4 bar downtrend but are now moving up a bit in two bars and trigger a 20 period moving average abreakout at 3050. However this is temporary and should be looked at in the small time frame of the 5-minute chart. The ADX is moving down suggesting the strength of the trend (any trend, up or down is weakening) what does this suggest? A trading range market.
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