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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (24538)6/22/2000 1:36:00 PM
From: John T.  Read Replies (2) | Respond to of 42787
 
Chris, the Dow *may* bottom here. On the 60-minute chart there is a bullish divergence between the Dow's price and RSI. On June 19, 21 and 22, the price made lower lows and RSI made higher lows. Of course, if we get a big whoosh down this afternoon, then that may destroy the bullish divergence.

Bollinger Bands are real tight. We're going to move one way or the other soon!