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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (965)	4/26/2001 9:36:45 AM
From: AllansAlias	Read Replies (3) \| Respond to of 209892

From a S/R point of view, I am watching three things; 0) Does the gap have persistence or does it close quickly. 1) The swing high on the 24th. The simplest definition of a possible trend change is when we make a higher high, so it we take out NDX 1860, my bull senses will tingle. 2) The Apr 4 TL. That was tested a few times and should not want to ced to a thrust. If it does, that's very bullish. That line today on the 30min chart is in the area of NDX 1887 (open) to NDX 1929 (close). A push to these levels will have me studying our alternate scenarios. Our current map sees this as the last thrust of our 'b' before we turn down for the headfake 'c' that will get the bears all lathered. Scenario as posted yesterday evening: geocities.com