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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Walkingshadow who wrote (5984)3/6/2005 2:39:19 PM
From: Gersh Avery  Read Replies (2) of 8752
 
Hi Terry ..

I'm looking at the NDX chart .. should be about the same as the QQQQ.

on the weekly chart .. Isn't that some sort of flag right now?
It seems that it would point to about 1400 NDX (about 33 for the QQQQ)

Grin .. I just looked at the QQQQ chart .. cute trick .. you can't see the whole formation.

Forks from last week:

ttrader.com

If we hit the target of the flag formation the up trending fork will fail. That will leave the down trending fork as the bad boy ..

My $0.02 (or less)

BTW interesting candle for this week.
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