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


To: donald sew who wrote (11003)7/5/2001 11:24:33 AM
From: Chris  Read Replies (1) | Respond to of 52237
 
upsloping lower trendline, seen clearly on 60 min, for ndx.
drawn from 6/20 low

we are close to testing



To: donald sew who wrote (11003)7/5/2001 12:22:04 PM
From: Arik T.G.  Read Replies (3) | Respond to of 52237
 
Donald,

So far the NDX doesn't pay too much respect to the 1785 multiple support. Yet the Naz look better then the NYA.
I found a narrow but yet totally legitimate island formation between the 6/13 gap down and 6/28 gap up, and the NDX just closed that open gap and is ready to continue up if it has the urge for it.
OTOH the S&P and NYA look bad, and should make a good recovery before the close (if they can) to avoid a small avalanche. If all we can manage from here is a flat intraday correction and a weak close then the S&P H&S will take charge and send us much lower.

ATG