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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11793)	3/29/2001 1:10:06 AM
From: Chris	of 12039

dow touched the underside of the broken 5 yr trendline (linear scale only). i expect more downside.. on intraday scale (let's say 30 min), there is a hint of an inv H&S pattern... so we will see. disclaimer: im short DIA naz comp has a 5 yr trendline coming up soon. We bounced up from it couple days ago, but retesting that line again soon. (linear scale too).. my naz went daily buy, but no confirmation on price action, so we will see. again, over the last 7 yrs of trading, my system on daily system is about 50-55% correct (winning trades).

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