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


To: LTK007 who wrote (17903)5/20/2002 5:17:20 PM
From: Susan G  Read Replies (4) | Respond to of 26752
 
there is a big old bearflag on the NDX 60 min chart at the close...right into triple EMA resistance, they are all converged there from 1296 to 1300.

Sitting on the 50 ema.

It's the same one that formed all day, broke out and trapped shorts and when it broke down buyers were waiting and it moved right back in. Trapped in the thing!