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

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To: Patentlawmeister who wrote (30086)6/10/2003 9:01:46 AM
From: Jeff  Read Replies (1) of 30712
 
as targets are hit......once you get there...you look at current t/a.....

right now its AV watch on several sto's in certain timeframes....and the rsi-5....

any downside from here needs to be shortlived like an intraday low and then ramp leaving a nice tail on a bottom candle.......we hit the 9 ema...so the tail target would be the 13 or 20....thats 1586 and 1565....

going much below that could put a certain retrace in trouble...thats the one pointing to a blow off top in july over 1800's....

breaking up from here and holding yesterdays low would send us to low 1700's before the next fast nasty....
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