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Strategies & Market Trends : P&S and STO Death Blow's

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To: LTK007 who wrote (2398)6/17/2002 12:03:12 PM
From: ajtj99  Read Replies (2) of 30712
 
Yeah, NDX stopped around 1150 and COMP stopped at 1551 and change, a pretty strong resistance level. This is not completely unexpected once they gapped above the falling resistance line.

Remember, gaps get filled. We have one from this AM. I think we fill it soon.

Furthermore, the 60-minute should be getting pretty overbought here too (I haven't looked at it since the weekend).
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