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

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To: Jeffrey S. Lillie who wrote (23255)1/9/2003 4:19:23 PM
From: ajtj99  Read Replies (2) of 30712
 
Jeffrey, it all depends on the macro trend. If this is just a flat correction off the first leg up off the low, a gap up would be in order. If it is a consolidation after a failed re-test of a high, a drop would be in order.

We made new highs on the COMP and NDX, so I would lean towards a gap up to finish the other indices with new highs also.
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