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Strategies & Market Trends : Charting & Technical Analysis for Stock Indexes

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To: chartwiznyc who wrote (82)11/22/2001 2:21:41 PM
From: skinowski  Read Replies (1) of 211
 
Great work… All three also have formed Wedges (Ending Diagonals) over the past several days to weeks, which, any way you look at it, should shift the odds to the Bears. The QQQ’s and the Spyders already broke below their respective lower trendlines.

Question: When you say “…first target to exit any short positions for a bounce & new continuation pattern on all 3 indexes........”, you mean continuation UP, or of the new trend, DOWN? Thanks.
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