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Technology Stocks : INTEL TRADER

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To: smolejv@gmx.net who wrote (2604)4/23/1998 11:42:00 PM
From: MonsieurGonzo  Read Replies (3) of 11051
 
DJ; RE:"It's a Hard Rain, a-gonna Fall "

nice lookin' double top on the DAX, Professor. Don't worry - it'll probably bounce one more time ( that'll be the right shoulder ? ;-)

___________NASDAQ-100 Technical Supports :

***********1295 +/- 10 = TOP Resistance Level

- - - - - -1260 = inter-channel UpTrend Line (today's close)

. . . . . .1235 = 14day EMA (as of today)
___________1230 = Main UpTrend Line (today)
...........1225 = Last (simple) UpTrend Line (today)

: : : : : :1210 = fibonacci line

___________1190 = 50day (simple) MA (as of today)

: : : : : :1165 = fibonacci line

-----------1125 = Horizontal Support Line & fibonacci line

+++++++++++1085 = 200day EMA (as of today)

: : : : : :1035 = fibonacci line

************950 +/- 10 = BOTTOM Support Base

Candlesticks, and other Tea Leaves :

Bearish Engulfing Pattern on the NDX.X Stochastics say down, a teensy bit oversold because of today's selloff.

Morning Star reversal pattern confirmed on the VIX.X Volatility Index - VIX Sell Signal

Evening Star reversal pattern now confirmed on the S&P Futures at ~1123 close today. Near target is 1100-1110. Far target is what, 1065 ?

Similar, Gravestone Doji Evening Star pattern on the DJIA-30.

Probably just a sprinkle ;-) What say, Dudes ?

-Steve
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