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Strategies & Market Trends : MP - Market Pulse

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To: ajtj99 who wrote (1196)8/10/2001 1:39:34 PM
From: bobby beara  Read Replies (1) of 1328
 
ajtj, i am selling my uspix today and trading into a little uopix, i have a possible five wave down count now on nasdaq, it's not as clean as the swing rally into 8/2, but this thing has been going down hard it may need to consolidate, there are bullish divergences on the intraday mo indicators.

stockcharts.com

if we close around here, we will have a hammer outside the lower band, which could be a bear trap, just like the rally into the sox upgrade was a bull trap, we'll see, a hammer today and a white candle tomorrow would be a good reversal sign.

stockcharts.com[w,a]daclyimy[da][pd20,2][vc60][iUb14!La12,26,9]
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