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


To: Frederick Langford who wrote (18014)5/21/2002 11:04:02 PM
From: Susan G  Read Replies (1) | Respond to of 26752
 
Fred you mentioned the BTK looking lousy today...I was just looking closely at the chart.

Over the weekend all the indexes had those identical rising wedges, but they are breaking at different speeds. These are the same charts from the weekend, I didn't add to the text so any notes are old from Saturday. Just the 2 new candles on each.

BTK was the first wedge to break

mywebpages.comcast.net

GSO broke also

mywebpages.comcast.net

The SOX is on the edge, didn't break yet, and the NDX just pierced the trendline at the close.