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Strategies & Market Trends : Charts for Breakout -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (1554)3/23/2001 9:12:14 AM
From: Chisy  Read Replies (2) | Respond to of 3506
 
Julius:

Yesterday the SPX basis weekly charts kissed the lower trendline of its expanding triangle and its 75 % retracement of the 98 low....new highs are dead ahead.....expanding triangles are continuation patterns...when the upper trend line is taken out the melt up will commence. (As per Don Wolanchuk, noted market timer) Do you agree? TIA The SOX made a good recovery yesterday IMHO.

Chisy