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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (28197)9/13/2000 1:46:23 PM
From: shasta23  Read Replies (1) | Respond to of 68032
 
We need a little help from the dow here. Otherwise the NAZ upside might be limited. "They" are trying to keep a lid on thing but i think that ed downs is right that the NAZ could have an explosion to upside if that downtrendline on the 60min chart breaks. That level is around 3900 and we will probably fail at the first attempt. But a rally up to it and then shallow pullback would be great.
Of your Tech barometer stocks now 9 out of 10 are positive and gaining ground. ONly exception is ARBA which is down 1 1/2. Let's see how good they work as indicators!

Stefan