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Strategies & Market Trends : P&S and STO Death Blow's
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To: Jeff who started this subject11/26/2002 12:05:44 AM
From: ajtj99  Read Replies (2) of 30712
 
BBs getting pinched on the NDX 60-minute. A flat open could be followed by a 20-point move up before the rising wedge breaks around NDX 1145 or so, which would coincide with around COMP 1500, the area of the 200 SMA.

stockcharts.com[h,a]eaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][j6471083,y]&listNum=1

Notice how the 13-EMA on this chart has acted as support. When that gives, you'll know this rise if over.
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