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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: ajtj99 who wrote (83774)6/23/2002 11:47:30 PM
From: ajtj99  Read Replies (1) of 99280
 
After looking at charts tonight, it appears we possibly got a short term reversal on the NDX just before the close on Friday. If we get a positive opening, we should take out some trendlines and move up a bit.

However, the upper resistance at 1075 NDX and 1084 NDX will be quite difficult to take out, IMO. That equates to COMP 1480 and 1492. This may be an opportunity to re-position shorts.
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