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

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To: Jeff who started this subject2/7/2003 9:23:53 PM
From: ajtj99  Read Replies (1) of 30712
 
NDX 60-minute showing trendlines in play:

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]&listNum=1

Note we nearly hit the bottom of the downchannel today.
13-EMA on the NDX 60-minute is at 965. That would be an initial target off this mini falling wedge that broke up at the close.

Beyond that there is a falling resistance line at about NDX 970, and then 985 NDX.
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