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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (72513)5/1/2003 1:40:20 PM
From: The Freep  Read Replies (4) of 209892
 
JJ -- GE went way far into the apex of that wedge, making me wonder if that wedge still has "wedgie power." Clearly an uptrend has been broken, but is there some other pattern in play that we haven't seen?

Banks filling today's gap down. I am quite impressed. They have not had downticks since the low this morning. that must be respected. The question now... are they just coming back to test the trendline from the March 12th low?

the freep
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