SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ask Vendit Off-Topic Questions
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Walkingshadow who wrote (6746)3/19/2005 7:28:53 PM
From: Vendit™  Read Replies (2) of 8752
 
Re: think this illustrates pretty clearly the repercussions from a break in long-term or medium-term support levels.

Terry,

My 1/5/05 chart with "Rabbit Analysis" and hindsight from where we stand today proves that E/W does project forward support levels when a market begins to fall.

Note that there is one more Rabbit line that has yet to be hit via my January chart. That target is about 34.00 and would be about 100% retracement from the high.

Ref chart from 1/5/05:

themarketwind.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News