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Strategies & Market Trends : P&S and STO Death Blow's

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To: t2 who wrote (19186)12/10/2002 9:16:27 AM
From: ajtj99  Read Replies (1) of 30712
 
Too much support and oversold conditions. 5-day TRIN and TRINQ are way oversold, short term scans have only 2% of the SOXX above the 10day SMA. A good time for a bounce, and even a gap up and run. Not a good time for a crap.

Falling wedge broke to the norm (up). Wedge originated near 1430.
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