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Technology Stocks : Semi Equipment Analysis
SOXX 344.71-1.1%Jan 23 4:00 PM EST

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To: robert b furman who wrote (8399)2/3/2003 10:37:39 AM
From: Return to Sender  Read Replies (2) of 95761
 
I'm watching 870 on the SPX as a resistance level that may turn back this rally. It looks like we have either accumulation or distribution going on right now. Which way do we break?

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10!c200!a870][vc60][iUb14!Uk14!La12,26,9!Ld20]&pref=G

And I'm still watching 285 on the SOX if we get that far because it is the neckline on the head and shoulders pattern:

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10!c200!a285][vc60][iUb14!Uk14!La12,26,9!Ld20]&pref=G

Those McClellan charts indicate that this rally could continue for several days if we continue to get good enough economic data etc.

stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

RtS.
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