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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (51944)8/30/2002 10:45:30 AM
From: AllansAlias  Read Replies (5) of 209892
 
It's the close above 8,737 that's magic. That avoids the historically intolerable 5th month down in a row for the Dow.

8785 is everything for the Dow. That's where the bottom of the bearish putative 1 gets violated, where the down channel is, where horizontal resistance lives, and is the top of the apparent bear flag it is building. Did I mention that it's everything?
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