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

To: milesofstyles who wrote (20695)	7/15/2002 10:23:24 PM
From: Susan G	Read Replies (1) \| Respond to of 26752

Updated short term Nasdaq Comp charts 15 min mywebpages.comcast.net 120 min mywebpages.comcast.net Channel charts NDX mywebpages.comcast.net SPX mywebpages.comcast.net DOW mywebpages.comcast.net An edit, I posted earlier on the thread that the Nasdaq broke the downtrend line from the May highs at the close...The NDX did, bt not the comp. You can see where it is overhead on the COMPX on the charts above. All that overhead resistance hits tomorrow - unless they gap it up over <g> All the way down the NDX was leading the COMPX, and now the NDX had a higher bounce than the comp, so maybe the divergence is being balanced out here - the big caps ran farther today than the compx which has a bunch of small caps - and all the banks that took a big hit this morning.