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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (20069)11/8/2001 10:39:24 AM
From: dwayanu  Read Replies (2) of 209892
 
Just a proposal, trying to pattern match looking ahead rather than taking the patterns as they form. Not something to trade on.

We're still oversold shortterm, and yesterday's PM slump was modest and puzzlingly structured. Yet we're at a new high now but I don't see buying as either strong or weak at the moment.

Confirm would be declining volume post 10:30, prelunch drop to NDX 1540 +- (?), and an enthusiastic lunch to another marginal high.

- Dway
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