SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (400)7/9/2001 10:43:13 PM
From: ajtj99  Read Replies (1) | Respond to of 1328
 
TRINQ dropped extremely low today from the Friday high:

stockcharts.com[h,a]haclyymy[pc20!c50!c200][vc60][iUi14,3!La12,26,9!Lg]

Also, NDX seems a bit oversold and ready to bounce:

stockcharts.com[h,a]daclyymy[pc20!c50!c200!d20,2][vc60][iUi14,3!La12,26,9]

This 15-Minute 5-day NDX chart seems to point to short term oversold condition, although it is hardly definitive:

stockcharts.com[h,a]gaclyymy[d5][pd20,2][vc60][iUi14,3!La12,26,9]

Short term, if we break 2040 on the COMPX (and we may do that on a gap-up) we may go to 2078, which is close to a .382 Fib re-trace of 2181 to 2000 and pretty solid resistance.

If there is greater strength, we may go all the way to 2120, which is equal to about 1775 on the NDX, pretty firm resistance and also about a .618 Fib re-trace of the drop from 2181 to 2000 last week.

Short term, I believe 2078 seems imminent.



To: HairBall who wrote (400)7/9/2001 11:55:04 PM
From: theniteowl  Read Replies (1) | Respond to of 1328
 
LG, nice work on the site and charts...

not sure if this is correct
oddworldz.com

The second and third charts on here show the divergence on Friday which hinted at a move up today. There are some older charts on here as well.
oddworldz.com



To: HairBall who wrote (400)7/10/2001 6:18:45 AM
From: JRI  Read Replies (1) | Respond to of 1328
 
LG- Looks like that rising wedge on your COMPX chart COULD (and I think will) break to upside this morn....if it does, does that put in serious doubt a move to at least 1941 COMPX?

I'd think that filling the gap from 2078 will be tough sledding, and may be a place where this should die...but would be interested in hearing your thoughts..