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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 694.04+0.7%Jan 9 4:00 PM EST

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To: Johnny Canuck who wrote (35716)12/30/2001 9:14:58 PM
From: Johnny Canuck  Read Replies (1) of 69630
 
TLAB : OBV break out and reccently stochastic buy signal.

SCMR same pattern but weaker.

They look ready to break out if the market cooperates.

Note: We won't know the really mood of the institutional traders till after the employment report of Friday at the earliest. We are more likely to see their effect the following Monday as most will want an extended holiday.

TLAB: It looks to be getting ready to channel the upper part of its range.

askresearch.com

SCMR: Weaker pattern, but same setup:

askresearch.com

MSFT looking to make a weak attempt to break out. One of the elements the market requires to break the 2050 COMPX high.

askresearch.com
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