SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (41904)3/1/2000 1:53:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
To ALL: A quick capture of the real time chart of the NAZ Emini showing the smaller rising wedge with in the larger rising wedge I just mentioned...it has breached the supportive trend line...let's see if it goes ahead and breaks down...

My QChart NQ00H (NADSAQ Emini March Contract) 15-Minute Semi-Log Scale Chart
marketdirectionanalysis.homestead.com

-------------------------------------------------
My QChart Trend Lines

Green lines are resistance trend lines or resistance horizontal price action areas.

Red lines are supportive trend lines or supportive horizontal price action areas.

Gray lines are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action.

Dark blue lines are formation lines.

Light blue lines are previous formations.
-------------------------------------------------

Regards,
LG



To: HairBall who wrote (41904)3/1/2000 2:19:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
LG, I also think that we may reverse based on the greed factor I suspect many will get trapped in the hope of a rebound.

Wen this happens it may be over.

Interesting that the MRK, BMY, PFE, LLY are at 52 weeks lows and the biotech are hyperbolic.

Same will apply to other "blue chip" stocks with real earnngs.

Sentiment tells a million.

BWDIK
Haim