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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11269)	2/3/2001 12:09:32 PM
From: Trader X	Read Replies (1) of 12039

Is there anyone who can answer that? remember the chaos theory idea: "sensitive dependence on initial conditions" Take a look at the Naz five year weekly chart: bigcharts.com MACD is showing a divergence between the last two weekly lows. Also, Naz appears to have touched the bottom of it's uptrend channel already. These are longer term positives. Initial conditions to which the future should play close attention to to. BTW, notice the extreme to which MACD rose in 1999-2000. Scarey spice. On the 10 year monthly, stochastics is turning up from an oversold condition. chart.bigcharts.com

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