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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (811)4/25/2001 9:25:26 AM
From: AllansAlias  Read Replies (1) of 209892
 
From yesterday toward the close:

I see possibility here of another little flush (could even play out as a gap down tomorrow followed by a run), but that is from the wiggle chart and we're in dessert anyway.


I have not changed my opinion. I think any down this morning will be a headfake that sets up a push. Decent down will have me questioning our place on the map.

JRI -- yes, there are good resistance targets now that we have had some fine giving. The Apr 4 lines are my first choice along with the downtrend lines we now have off the Apr 20 highs.
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