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Strategies & Market Trends : Longer-Term Market Trends
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To: AllansAlias who wrote (1427)7/21/2008 1:35:38 PM
From: morokko65   of 3209
 
That v wave in the general indices would correspond to the HUI dropping out of its recent jello, right? (or perhaps triggering a hound, depending on what type of "event" occurs...)

Lat 2 IT declines on the NDX hit lower weekly BB and got to approx 30 on weekly RSI:

stockcharts.com

my IT target window for the NDX is approximately 1575-1650 area
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