Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 31.73

+3.0%

Nov 21 4:00 PM EST

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To: moorso who wrote (7778)	3/14/2003 9:39:11 AM
From: Chip McVickar	Read Replies (1) of 206987

Here's a chart of the DJIA Weekly Inverse Head & Shoulders. The formation needs volume confirmation equal to earlier shoulder. I've posted it for weeks now. The measured move is described by the lavender dash... along with technical resistance areas. Major problems from the sellers between 8000 and 8066 Gann 25. Make it by the two black Trading Trend Lines... and price will rocket. Notice how the pitchfork lower tine has held....! Break that lower tine cleanly and we'll see new lows. stockcharts.com[h,a]wjhaniay[de][pf][vc60][j10155432,y]&listNum=1

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