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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: MonsieurGonzo who wrote (1376)8/20/1998 7:10:00 PM
From: Broken_Clock  Read Replies (1) of 1589
 
M.

That is pretty much how i see it too. iqc.com

The 4 week rally from mid-june to mid-july aside, the S & P has been channeling down since the april high. it is really quite a beautiful channel since it is so consistent.If the pattern holds then the next "lower" low should be in the 1045-1050 range. I wonder what the Bulls will make of that? We may get there this week...
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