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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Jibacoa who wrote (10687)3/18/2002 12:15:16 PM
From: James Strauss   of 13094
 
Nasdaq Squeeze?
*******************
Bernard:

The Nasdaq is right in-between two intermediate term trendlines... The upper guides towards 1925... The lower guides towards 1825... This is looking like a Symmetrical Triangle pattern...
bigcharts.marketwatch.com

1850 is current support with 1825 as backup... Any violation of 1825 sets up a 1750 support test... On the upside, a break of 1925 is needed to set up a test of the 2025 area...

Jim
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