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


To: Jeff Jordan who wrote (35720)5/9/2002 8:53:48 AM
From: Susan G  Read Replies (1) | Respond to of 52237
 
yes that certainly is a different view <g>

What are the circular bands on your charts?



To: Jeff Jordan who wrote (35720)5/9/2002 8:58:02 AM
From: Susan G  Respond to of 52237
 
Every single index is up against it's 20 ema daily, except the dow that is up against the 50. This is a strong resistance level that has been unable to break for months on most of these charts. For MONTHS On the NDX. They all came to a dead stop there yesterday. This will be interesting, as another major push is going to be needed to break em. A few days of consolidation below would help to give them the strength to push through on a confirmation rally. Which we need within the next four or five days - on HIGH volume or yesterday was pure BS.

Also all the downtrend lines have to be broken and held. They also have been resistance for months.