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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject4/19/2001 1:28:37 PM
From: besttrader   of 37746
 
Looks like no damage until 10,300...
Briefing.com thinks the Dow's posture is a bit overextended, and without sustained action above 10,615, it will be vulnerable to further short term corrective downticks... Chart congestion is in the 10,525-10,500 area with a retracement support of the most recent surge at 10,462... However, it will take losses all the way through 10,300 to inflict any damage of significance.
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