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Strategies & Market Trends : Classic TA Workplace

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To: patron_anejo_por_favor who wrote (33828)	3/9/2002 11:37:32 AM
From: skinowski	Read Replies (1) of 209892

>>>...the failure of the rally to hold in the Dow yesterday<< Patron, looking at the hourly chart of INDU one still sees an ongoing series of higher highs and lows, in a so far healthy looking channel, trending up at almost 45 degrees on my QCharts. Having said that, the action now is near the lower support trendline, and at this point a break of Friday's lows may indeed turn out to be meaningful.

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