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


To: Paul Shread who wrote (28396)8/25/2000 12:25:27 PM
From: donald sew  Read Replies (3) | Respond to of 42787
 
Paul,

Just noticed something. Within the last 1.5 hours or so the NAZ and NDX have improved and it appears that it may be forming a bearish wedge or flag on the 5-min chart.

During that same time frame, the SOX popped up about 7 points but is now back to those lower levels whereby it basicly has not made any gains while the NAZ and NDX did make gains during that same time frame. For the intraday, I suspect that the NAZ and NDX should retest the previous intraday lows around 10:45-10:50am and could go lower.