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

To: JRI who wrote (7011)	7/12/2001 9:13:17 PM
From: John Madarasz	Respond to of 209892

of course they are... Snapback rally to major resistance of the larger overall DOWNTREND...this is typical, lets see what happens NDX MAJOR resistance at the still in play H/S necline @ 1790 Next Major Resistance... 50 sdma @ 1828.52 stockcharts.com[w,a]daclnymy[dc][pb50!a1790!f][vc60][iUb14!Ua8,17,9!Lh5,5] COMPX at MAJOR Resistance... H/S neckline @ 2080 next Major Resistance...50sdma @ 2131.61 stockcharts.com[w,a]daclnymy[dc][pb50!a2080!f][vc60][iUb14!Ua8,17,9!Lh5,5] I think we can go a little higher here... why not? It's just further to fall, I want exhaustion on lower volume and lower highs at resistance damnit!!<ggg> and fwiw todays volume on the COMPX was 189 billion... BFD. The average vol, or 60 dema, is 180 billion. WEAK (I'm fixin another rum and coke<g>)