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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Cush who started this subject3/29/2001 10:31:28 AM
From: Cush  Read Replies (2) of 5144
 
<font color=green>Nasdaq Intraday March 29th

www3.sympatico.ca

This is an intraday chart, fifteen minutes into trading.

Note the blue upper trend line of this current downtrend.
We bounced off.
Now a bullish break through would have to see the Nasdaq break up through 1900 today.

The orange line at 1794 represents the 52 week low hit last week.
It would be bad to break below that mark, I think.

MACD and Stochastic, circled in red, are giving bearish signals.

Chakin Money Flow is negative.

Cush
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