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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (115081)3/20/2005 3:41:02 PM
From: Henry J Costanzo  Read Replies (1) of 209892
 
Snowy Sunday again.... fooling around with charts.....and naturally, had to take a look at your favorite $XBD....g

As I said the other day, expecting an oversold post-opex market rally this week......in which XBD will have to show its mettle.....breaking above the top line of that rectangular pattern since Dec.....or else....

Charts attached showing some chinks in XBD's armor over the past year... and again over the past couple of months...

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