Ahh Canada - 2 out of 3 ain't bad Message Board

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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Cush who wrote (3967)	1/9/2002 7:34:55 PM
From: Michael Watkins	Read Replies (1) of 5144

A weakly chart. trendvue.com Weakly in that price took out a whole prior day, that after gapping up strong. Known as an 'outside bar', a down outside bar is one thing, but at a test of a swing top, its certainly increased the odds of further downside movement. Although the cumulative volume and a/d line were not fazed much by today. And the $COMPQ is still in an uptrend. Tomorrow perhaps that will change, since the failed test of top requires "saving" immediately or tests on the downside will start happening. And a weekly chart: trendvue.com That is one long upswing on the $COMPQ. Perhaps reason enough for a retracement but hey one day at a time. Incidentally I have versions of these without the swing lines on them - trendvue.com trendvue.com - but I think the swing lines help a bit in seeing what's what. Toronto iUnits XIU and XIT: trendvue.com

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