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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gersh Avery who wrote (6909)	3/22/2005 6:35:38 PM
From: Vendit™	Read Replies (2) of 8752

In the chart below you can see numerous times where the 200 EMA is tested and rarely broken. 139.142.147.218 If you back test in longer time frames you will see some breaches of the 200 EMA but a reversal just under that area generally occurs fairly fast under “normal” market conditions. In the following chart I drew in the extreme lower support levels which agree with the Linear Regression lower channel prediction that were discussing three weeks ago. themarketwind.com The most telling chart is Linear Regression, 6-month /126 : 139.142.147.218 Reid

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