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

To: LTK007 who wrote (2398)6/17/2002 11:53:52 AM
From: h8_2_b_l8  Read Replies (1) | Respond to of 30712
 
If we don't break out here on the Nasdaq the next "dip" down could be a doozy.

bigcharts.marketwatch.com

A break of the uptrend from Friday's low, a break of the stoch trendline, and a relief of ST OB conditions.



To: LTK007 who wrote (2398)6/17/2002 11:55:41 AM
From: LTK007  Respond to of 30712
 
this is getting fascinating 15min sto now k-97 d-95 , shorts side getting the squeeze,obviously.max



To: LTK007 who wrote (2398)6/17/2002 12:03:12 PM
From: ajtj99  Read Replies (2) | Respond to of 30712
 
Yeah, NDX stopped around 1150 and COMP stopped at 1551 and change, a pretty strong resistance level. This is not completely unexpected once they gapped above the falling resistance line.

Remember, gaps get filled. We have one from this AM. I think we fill it soon.

Furthermore, the 60-minute should be getting pretty overbought here too (I haven't looked at it since the weekend).


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