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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (26246)12/27/2001 11:47:37 AM
From: Shack  Read Replies (1) of 209892
 
I think that COMP dt line will indeed fall (not sure about the NDX line though).

Looking at an hourly COMP chart it sure looks like this move off the 20th is 'c' up of a flat, measures to 1994. It could also be a potential 'b' of 'Y' of a double zig-zag.

Either way there should be another decent leg down coming very shortly, I don't think we get much more on this move up. One more decent push this aft and I am out, and likely short.
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