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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Justa Werkenstiff who wrote (45525)4/1/2002 6:32:12 PM
From: ajtj99  Read Replies (1) of 99280
 
Justa, on that chart you posted, if you draw a trendline from the Feb. 19 low through the Feb. 25 pivot low, you get a line that supports the rise through March 18. When that line was broken, we had a downtrend. The downtrend line on that chart connecting March 18 and March 24 was broken March 26, and we'll be in an uptrend unless we get around the 75-80 mark it appears. In other words, we need to expand the highs tomorrow or the rally could be in trouble.
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