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Strategies & Market Trends : Classic TA Workplace

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To: John Madarasz who wrote (18119)10/25/2001 11:54:12 PM
From: JRI  Read Replies (3) of 209892
 
John- great stuff..

couple questions...

you think we (at a minimum) backtest green dotted line (as of today NDX 1448?)...seems like that is major breakout there (false or otherwise), but likely gets a test..

Also, looks like we are closing in on 1990 trendline (one of my faves...forgot about that boy)...where do you place it now (what pt. level)...I'd think that could be major rejection too...

Any other thoughts over next couple days action appreciated..
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