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Strategies & Market Trends : MP - Market Pulse
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To: HairBall who wrote (174)6/26/2001 2:45:43 PM
From: John Madarasz  Read Replies (2) of 1328
 
Would it be correct to re-draw the lower line of the rising dark blue parallels on the COMPX 65 min, which starts 4/23, through the 5/30 lows?

This would effectively give you a neckline to extend through ... and look for as possible resistance, since the falling wedge formation seems to be playing out as expected.
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