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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 459.86+0.7%Jan 16 9:30 AM EST

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To: Susan G who wrote (17804)8/4/2002 4:42:03 PM
From: Susan G  Read Replies (1) of 26752
 
Updated Long Term Index Charts

If anyone wants to see these charts from May, when the bearflags, wedges and warning signs that just culminated in the latest move down were just starting to be hinted at in the charts at that time. This post is in response to the post with all the May charts.

The monthly charts are the ones not to miss as far as a learning experience. I myself will put even MORE weight into warning signs on long term charts than I do now after seeing these before and after charts. Even I, your resident thread bear <g> did not think that NDX or SOX bearflag would fulfill their huge downside targets. Hindsight sure is something! Frustrating to say the least.

The bearish hints warning signs were just beginning, and it's sure educational to see them next to the final results. (!)

Nasdaq Comp Monthly

mywebpages.comcast.net

Nasdaq Comp Weekly

mywebpages.comcast.net

Nasdaq Comp Daily

mywebpages.comcast.net

NDX/Nasdaq 100 Monthly

mywebpages.comcast.net

NDX Weekly

mywebpages.comcast.net

NDX Daily

mywebpages.comcast.net

DOW Monthly

mywebpages.comcast.net

DOW Weekly

mywebpages.comcast.net

DOW Daily

mywebpages.comcast.net

BTK/Biotech Index Weekly

mywebpages.comcast.net

BTK Daily

mywebpages.comcast.net

BTK daily - closeup

mywebpages.comcast.net

SOX/Semiconductor Index Monthly

mywebpages.comcast.net

SOX Weekly

mywebpages.comcast.net

SOX Daily

mywebpages.comcast.net

SPX/S&P 500 Weekly

mywebpages.comcast.net

SPX Daily

mywebpages.comcast.net

GSO.X/Software Index Monthly

mywebpages.comcast.net

GSO.X Weekly

mywebpages.comcast.net

GSO.X Daily

mywebpages.comcast.net

NWX.X/Networking Index Weekly

mywebpages.comcast.net

NWX.X Daily

mywebpages.comcast.net

RLX.X/Retail Index Monthly

mywebpages.comcast.net

RLX.X Daily

mywebpages.comcast.net

DRG.X/Drug & Pharma Index Weekly

mywebpages.comcast.net

DRG.X Daily

mywebpages.comcast.net

RUT.X/Small Cap Index Monthly

mywebpages.comcast.net

RUT.X Weekly

mywebpages.comcast.net

RUT.X Daily

mywebpages.comcast.net

SML.X/Small Cap Index Monthly

mywebpages.comcast.net

SML.X Weekly

mywebpages.comcast.net

SML.X Daily

mywebpages.comcast.net

BKX.X/Bank & Financial Index Monthly

mywebpages.comcast.net

BKX.X Weekly

mywebpages.comcast.net

BKX.X Daily

mywebpages.comcast.net

Keep in mind these are MY chart interpretations only, bearflags and wedges do not always break down or fulfill their implied targets, strong resistance areas can easily be broken in rallies, strong support can be sliced through in a selloff, etc. In other words, anything can happen no matter what the charts say now <g>

I may have missed some "well know" support and resistance areas as I just market what I saw on the charts.
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