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Strategies & Market Trends : MP - Market Pulse

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To: Bull RidaH who wrote (993)7/31/2001 3:37:26 PM
From: HairBall  Read Replies (2) of 1328
 
Bull R: Both the COMPX (Naz Comp) and NYA (NYSE Comp) morphed into extended to rising wedge formations. Which means the previous breaks became the second plot point for the support line. The COMPX has broken to the norm, NYA declining but still inside its wedge.

Follow through is needed for the the 7/30 (+/- one) target date to fulfill the pivot high expectation.

I'll post charts of both after the close...

Regards,
LG
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