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Strategies & Market Trends : Classic TA Workplace

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To: Moominoid who wrote (133105)5/26/2006 2:17:10 PM
From: skinowski  Read Replies (2) of 209892
 
C'est possible...

The biggie support for NDX at this time is the October low. The trendline out of the August 2004 low, interestingly, is crossing right under the minor low of a few days ago (on the log chart). Unless the decline of the last few weeks was indeed a "C" - which I do not expect - that line will be broken on the next move down.
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