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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (132704)5/12/2006 2:52:59 PM
From: skinowski  Read Replies (1) of 209892
 
NDX tested the January and march lows... 1633-ish. Held so far.

Structurally, the Dow is stronger - with all the fireworks, it still didn't give back what it gained in May. But in the wiggles, the move is impulsive, channels, looks decisive. Probably a "C" of some sort.... -g. (but seriously speaking, it wouldn't be easy to interpret it as a "C" - it looks like a new, "fresh" move.... implying that there is likely more to come).
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