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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who started this subject	3/14/2001 9:33:29 AM
From: Teresa Lo	Read Replies (2) of 8925

<font color=blue>Nasdaq Update: Last night, I was asked about the targets to the upside following comments of the head and shoulders reversal seen on the 15 minute Nasdaq futures chart. Using the NDX index itself, we showed that the first one was around 1800 to test the top of the gap. The next one would be the low from March 4. Seems like we died here on test of the top side of the gap, which is usually a point of resistance, hence it was a target. ottographs.com Also, if you take a look at the 45M NQ/ND SP futures charts, it is still trading on a bounce of the 20EMA, and therefore, subject to sellers of the Holy Grail set up. ottographs.com ottographs.com Teresa

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