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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Yorikke who wrote (3757)4/18/2001 10:38:31 PM
From: John Pitera  Read Replies (1) of 33421
 
Here is a NASD chart showing how we bounced off of the downward trendchannel today. The NASD also
was repelled by the .382 retracement of the Jan to April decline. You'll also notice we managed to close 3
points below the 50 dma after having been above it.

geocities.com

(when you click on the link it will take you to yahoo geocities but you will not see the chart. simply click
on the url of the new browser that is generated and it should then show the chart)

The bigger Fibonacci resistance is at 2250-60 and then up near 2400.

John
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