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

To: Paul Shread who wrote (13056)	7/27/2001 12:34:35 PM
From: Arik T.G.	Read Replies (2) \| Respond to of 52237

Today the NDX is struggling to break the upper bank of the smaller wedge (intraday from 7/2 high) currently at 1684. The bigger wedge from the May high has its upper bound today at 1730 (descending about 6 pts/day). The classic bullish scenario is we break up from the small wedge today and from the big wedge on Monday, make it to 1750-1790 by Tuesday (making a higher high) then pull back to the broken line from above to around 1720. The best place to join is on the new up leg that should start from there. ATG