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Strategies & Market Trends : Ask Vendit Off-Topic Questions
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To: DOUG H who wrote (1028)8/14/2001 6:33:19 PM
From: Vendit™  Read Replies (1) of 8752
 
You could actually draw a second "higher" upper line but I was being conservative. IMO the upper trend would be broken with a close or two above the 2030 and 2060 level. It's a little too early to tell just yet. I suspect that that level will serve as yet another area of reversal and a retest of the lows again.

Same chart;
angelfire.com
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