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Strategies & Market Trends : Classic TA Workplace

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To: Moominoid who wrote (138147)	11/1/2006 11:41:32 AM
From: Galirayo	Read Replies (1) of 209892

[SPX] I'm not sure .. I'm not even going to try to count the wiggles. But that's not an ABC off the High today now underway? It's the Daily I'm looking at and that Upper TL of the Faux ED which is near where it has perched for 3 days on the Lows. It's Testing that Line well. The 13ema is very near there. The thing that's bothering me is the Converging of the Aroon Up and Down Lines. I have 2 Horiz lines and a 21ema on this chart ... I think it may be headed to this Zone where there is prior congestion. So far it's holding well. But 2 days of Doji Candles have not confirmed. Yet. stockcharts.com

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