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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11593)2/14/2001 12:57:07 AM
From: Trader X   of 12039
 
I see more dark cloud covers and bearish engulfing candles.

But I just checked my semi equips. No shooting stars in that bunch. I wish there were, at the bottom of a down trend they would have to be considered inverted hammers. The SOX appears to have done that one.

INTC has to close no lower than $31 1/2 in order to stay within a head/shoulder reversal set up. Closed today at $32.44 I think. Reversals often zig-zag around like this. Seemingly nobody in charge of the markets.
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