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Strategies & Market Trends : Steve's Channelling Thread
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To: Junkyardawg who wrote (11741)2/26/2001 11:11:44 PM
From: Rich1  Read Replies (2) of 30051
 
Dow held support at 10,300 Dawg and of course no offense taken..
DJIA (02/26/2001) 10642.100 Up 202.200
(Status: N/A) Stock Wkly Mom: Neg (1 Wks)
SPX RS = None, / / ; column = s - Trend Chart Broke a Double Bottom on 02/21/2001
Evaluate

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02/26/2001 High 10642.100 Low 10421.900 Last 10642.100 Vol 0 Close 10642.500 Up 200.600

Bearish Price Obj: 10450.00

11150 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 11150
11100 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 11100
11050 | | | | | | | | | | | | | | | | | | | | | | | | |*| | | | | | | | | | | 11050
11000 | | |X| | | | | | | | | | | | | | | |X| | | |2| |X|*| | | | | | | | | | 11000
10950 |X| |X|O| | | | | | | | |*| | | | | |X|O| | |X|O|X|O|*| | | | | | | | | 10950
10900 *|X|O|X|O| | | | | | |X| |X|*| | |X| |X|O| | |X|O|X|O|X|*| | | | | | | | 10900
10850 |X|O|X|O| | | | | | |X|O|X|O|*| |X|O|X|O| | |X|O|X|O|X|O|*| | | | | | | 10850
10800 |X|B| |O|X| | | | | |X|O|X|O| |*|X|O|X|O| | |X|O| |O|X|O| | | | | | | | 10800
10750 |X| | |O|X|O|X| | | |X|O|X|O|X| |X|1|X|O| | |X| | |O|*|O| | | | | | | | 10750
10700 |X| | |O|X|O|X|O| | |X|O|X|O|X|O|X|O|X|O|X| |X| | |*| |O| | | | | | Med10700
10650 |X| | |O| |O|X|O| | |X|O|X|O|X|O|X|O|X|O|X|O|X| |*| | |O| | | | | | | | 10650
10600 |X| | | | |O|X|O|X| |X|O| |O|X|O|X|O| |O|X|O|X|*| | | |O|X| | | | | | | 10600
10550 |X| | | | |O|X|O|X|O|X| | |O|X|O|X| | |O|X|O|*| | | | |O|X| | | | | | | 10550
10500 |X| | | | |O|X|O|X|O|X| | |O|X|O|X| | |O|*|*| | | | | |O|X| | | | | | | 10500
10450 |X| | | | |O|X|O|X|O|C| | |O|*|O|X| | |*| | | | | | | |O|X| | | | | | | 10450
10400 O|X| | | | |O| |O| |O|X| |*|*| |O|X| |*| | | | | | | | |O|X| | | | | | | 10400
10350 O|X| | | | | | | | |O|X|*| | | |O|X|*| | | | | | | | | |O|X| | | | | | | 10350
10300 O| | | | | | | | | |O|*| | | | |O|*| | | | | | | | | | |O| | | | | | | | 10300
10250 | | | | | | | | | |*| | | | | |*| | | | | | | | | | | | | | | | | | | | 10250
10200 | | | | | | | | |*| | | | | | | | | | | | | | | | | | | | | | | | | | | 10200
10150 | | | | | | | |*| | | | | | | | | | | | | | | | | | | | | | | | | | | | 10150
10100 | | | | | | |*| | | | | | | | | | | | | | | | | | | | | | | | | | | | | 10100
| | | | | | | | | | | | | | | |0| |1| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

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Once all the bad news is out we go forward and I think we are closae..BWDIK...<g>
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