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

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To: Jeff who started this subject1/8/2003 7:05:29 PM
From: ajtj99  Read Replies (1) of 30712
 
60-minute NDX w/trendlines showing the break of the channel this AM and related trendlines on indicators:

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][J6471081,Y]&pref=G

Rising support should hit near the gap at around NDX 1032 on the chart late in the morning tomorrow. That might stop the decline. Around 1030 is the 50% re-trace of this move, so that's another good spot for the drop to reverse and move up to test the highs.
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