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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: geode00 who wrote (14986)8/23/2001 10:02:41 PM
From: Yogizuna  Read Replies (1) of 42834
 
On the NDX, if we can get above the 1530 area with some conviction, then we have a decent shot of hitting the next resistance at around 1650/90.... The daily, weekly and monthly charts are all oversold now, so some type of significant rally should be on the way relatively soon, even if it is only a bear market rally. Fighting against this probability though is the negative seasonal influence which hangs around until around Halloween....
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