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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (490)5/17/2002 12:03:24 PM
From: h8_2_b_l8  Read Replies (1) | Respond to of 30712
 
Nasdaq just broke rising wedge
quote.yahoo.com

XAU slowly rising toward 52-week high. MP is only 75.



To: Jeff who wrote (490)5/17/2002 1:14:07 PM
From: ajtj99  Read Replies (2) | Respond to of 30712
 
I don't know if this is a deathblow, but 60-minute COMP charts shows turns under 50 on a couple of indicators:

stockcharts.com[h,a]eaclyyay[pc20!c50!c200!d20,2][vc60][iUi14,3!La12,26,9!Lg!Lb14!Lh14,3!Lp14,3,3]&pref=G

The daily is turning down now also:

stockcharts.com[h,a]daclyyay[pc20!c50!c200!d20,2][vc60][iUi14,3!La12,26,9!Lg!Lb14!Lh14,3!Lp14,3,3]&pref=G

I guess we need to watch the MACD on the daily over the next few days to get a better idea of where we're going.