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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (131876)4/17/2006 8:51:48 PM
From: sitkapacific  Read Replies (1) of 209892
 
INDU is in a (somewhat) channeling choppy downtrend ever since March 21. Hard to know what to make of it. May reverse up, but if it keeps grinding through supports, it may end up accelerating down.

Today was a big day for INDU and TRAN:

TRAN
stockcharts.com[w,a]daclyyay[d20051001,20061231][pf][vc60][J74448964,Y]&r=834

INDU (break and a retest)
stockcharts.com[w,a]daclyyay[d20051001,20061231][pf][vc60][J74448934,Y]&r=381

Brian
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