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Strategies & Market Trends : Classic TA Workplace

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To: yard_man who wrote (38025)5/6/2002 11:27:57 AM
From: AllansAlias  Read Replies (4) of 209892
 
After it refused to cave the last week of April, the chart and the count went to favouring a trip to the top of the wedge.

Wedge lower line is out of the end of January.
Wedge upper line is out of the end of February.

Wiggles: If I had to guess, I'd say it goes down a little once more, likely tomorrow or Wednesday, before it runs up into mid-week next week.

Any break out of the wedge should, of course, be agressively shorted.
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