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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject4/30/2001 10:16:27 AM
From: velociraptor_  Read Replies (5) of 37746
 
I think we top out today. Likely upper targets are...

DOW 10,900

SPX 1268

Naz 2165

The particular rising wedge pattern now forming in all indexes looks pretty solid and has eliminated a variety of counts going forward. Look for a decline worth to begin soon, though not new lows. Likely, those lower gaps (Naz 1920, SPX 1192) get filled at a minimum. I am expecting another rise to follow that should take the indexes higher. Details at my site if you have not been there yet. This is a pretty high confidence scenario so far.

raptorgroupresearch.com
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