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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (44474)	3/30/2000 7:18:00 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

Terry Whitman: I think the SOX is due a bounce along with the COMPX. Check out the following chart... My QCharts SOX (PHLX Semiconductor Sector) 60-Minute Semi-Log Looks like it found support at the bottom of its falling trading channel, for now! 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 (SRLs) 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 QChart/QFeed Disclaimer: Although I currently continue to use this service I can no longer recommend it in good faith, as the service has become unreliable, IMO.