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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Petrol who wrote (12903)2/27/2002 11:57:56 PM
From: Susan G  Respond to of 26752
 
Bearflags on the daily NQs and a smaller one seen on the 15 minute...

The daily one is a little sloppy, but so was the one in January that started this slide to the downside...

Both of these could easily go higher while forming, and fool everyone that the down move is over. And both of them will fully form right as they hit the overhead ema resistance.

There are matching bearflags on the NDX and the COMP also.
And the one on the comp is not nearly as sloppy, and really obvious.

daily NQs
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15 min NQs

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daily Nasdaq Comp

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