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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Ken W who wrote (8093)5/22/2005 5:48:41 PM
From: Sal D  Read Replies (1) of 23958
 
Ken, thanks for the look and the lesson. On the TA side yes the RSI just about to cross the 70 line but RMI momentum osc still only at 60 and both indicator MA are tracking nicely. TRIX crossing zero, 14 DI and 50 day MA cross and I think we all can agree that the downtrend has been broken. I think there is still some room left on this move. I see resistance at 14 and again at 14.60 ish. My short term target is 14.57

Just another way of looking at things. I hope Ray sees this.

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