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


To: dennis michael patterson who wrote (41307)1/23/2001 2:41:44 AM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Dennis,

>>>> Wedge?
ispeculator.com <<<<

2 slight problems I have with that WEDGE. Firstly, it was developing on rising volume. BEARISH WEDGES should be on declining volume. Secondly, the index broke above the downward trenline where the previous ones did not. That downward trendline now becomes a support.