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


To: Johnny Canuck who wrote (34754)10/16/2001 2:19:06 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68155
 
SHOO forming a based. No idea which direction it will break.

CSCO is now above the 50 day SMA, looks positions to test 100 dat SMA.

INTC look to have bounce off 50 day SMA on test from below. It need to reverse tomorrow or it will have failed the test of the 50 day SMA and move back down.

MSFT gapped above 50 day SMA today. It needs to see a follow through tomorrow.

Failure of INTC and MSFT tomorrow sets the indices to move lower.