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Strategies & Market Trends : The Thread II

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To: stan s. who started this subject	6/11/2001 10:55:33 AM
From: stan s.	Read Replies (1) of 9026

naz has a little fibo retrace at 2148. if it gets that low in the next day or two I would be surprised if it holds...after that you'd normally be looking at 2084 as decent support. problem there is, by that point the inner neckline trendline of the head and shoulders would have been breached to the downside and that could be trouble. I'll calculate that point this evening. naz has to climb back over 2264 to negate the 'almost' bearish cloud from Friday to avert the above scenario. wallstreetmonitor.com warning triggered on the WSM signal indicator Friday, looks to turn into a sell today. wallstreetmonitor.com

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