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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (161923)	2/12/2008 3:55:05 PM
From: Galirayo	Read Replies (1) of 209892

I favor JJ's count on the SPX .. The SPX got stuck today on the 13EMA. stockcharts.com And the 144WMA. The Bearish Strike on the weekly Candle does not exude conviction by the Bulls. Or is that an engulfing? Either way it's one Ugly Black Crow on the weekly. stockcharts.com I don't see any clear direction yet. But I'm still looking into the abyss for resolution on a 5 down. I guess it's possible for Tech to bifurcate form the SPX since it's done that so many times in the past.

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