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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (34118)9/8/2001 3:36:59 PM
From: j g cordes  Read Replies (1) | Respond to of 69358
 
The stochastics and RSI on the NDX are about as deep as they've ever been over the last five years. We could drift or even spike lower but the odds are favoring some kind of bounce, perhaps a 200+ rally (though that would surprize Sept /Oct fans..). The 1000 target your post mentions is visible on left, but looks to me more like 1250-350 area if it get that bad.

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Jim