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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (2368)	5/10/2001 4:19:51 PM
From: d j chen	Read Replies (1) of 209892

Alan, I am a novice of TA, but we may have entered a down trend: stockcharts.com[h,a]daclyymy[pb50!b200!c20!d20,2][vc60][iUd20!Ub14!Ll14!Le12,26,9!La12,26,9!Lh14,3] On 5/2, NDX made a new high, but rsi and cci did not. Also on 5/2 both the +DI and -DI diverges from price action. The +-DI further re-enforce the divergence on 5/8. Today they are almost crossing each other, confirming the start of down trend. Am I totally out of line? Alan and others, I appreciated all your analysis. DJ

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