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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (24457)1/31/2003 8:23:19 PM
From: Susan G  Read Replies (3) of 57110
 
We think too much alike <gg>

This is what I was busy messing around with after the close...

Interesting pattern at the tops of 2 closes below the 20 EMA, a bounce and then further downside after being unable to break back over the 40 and 50 EMAs.

stockcharts.com[r,a]waclyiay[df][pb200!c50!c40!c20][vc60][iut!ub14!uah12,26,9!li14,3!ll14!ld20][J9954793,Y]&pref=G

Another warning from the charts tonight, the 20 EMA on the NDX daily crossed under the 50 EMA. The last time that occurred, was believe it or not...1/31/02 into 2/1/02.

It was a major warning signal then, I was posting it all over the SA II thread and marketswing at the time, and is hard to ignore here again now...

last year

stockcharts.com[w,a]dfolynay[d20011009,20020409][pc20!c50!b200!c200][J9630015,Y]&pref=G

yesterday's rollover

stockcharts.com[w,a]dfolynay[dc][pc20!c50!b200!c200][J8402961,Y]&pref=G
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