SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sharck who started this subject3/27/2001 11:59:43 AM
From: velociraptor_  Read Replies (1) of 37746
 
Well...they sure milked this rally for all it's worth. There is a major trendline going through 1172 on the S&P so that may be the top for today, though there is a potential target of 1175, and maybe 1180 as well. 1180 is a wall. We should have a major trend turn here soon as Hourly stochastics are also pounding 100%. It would not surprise me to see one last push up, though, as I am seeing a flat correction to this mornings rise. A break above 1171starts the push with a move above 1172 confirming.

Nasdaq hit my upper resistance at 1975 and retreated. I don' think it will be able to muster much beyond that.

DOW is also in a flat correction, so possibly one more push here as well. Ascending triangle on the flat suggests this is likely. A break above 9825 confirms it. There's some pretty solid resistance at 9925 and a wall at just under 10,000.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News