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Strategies & Market Trends : Classic TA Workplace
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To: Henry J Costanzo who wrote (139818)1/2/2007 4:34:16 PM
From: Shack  Read Replies (2) of 209892
 
That impulse you have out of Nov is rather overlapping don't you think? BWTFDIK, I have no clue on the SPX.

The SOX/GSM/SMH all look like their wedging down bullishly off thier Nov highs. If a bullish wedge is in play there, then once its complete tech will likely launch which runs contrary to my bearish read on the RLX right now. So I sit back and watch for a while (as per usual-g/ng).

I think those wedges would finish up in mid Jan FWIW.
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