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Strategies & Market Trends : P&S and STO Death Blow's
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To: Jeffrey S. Lillie who wrote (18062)12/3/2002 6:53:40 PM
From: ajtj99  Read Replies (1) of 30712
 
Jeff, if you're talking about the weekly rising wedges, I know the COMP and NDX tagged the upper lines yesterday. I think the SPX did also. The Dow I haven't looked yet.

With that touch, we dropped and touched the bottom lines on the wedge off the mid-November pivot lows. Those lines gave. We're now dealing with the main uptrend lines off the 10-10 lows.

As long as the main uptrend lines hold, we're technically in an uptrend off the lows.
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