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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Killswitch who wrote (13547)7/18/2002 10:07:05 AM
From: Softechie  Respond to of 19219
 
NDX and COMP have broken their necklines for about 2 weeks now...



To: Killswitch who wrote (13547)7/18/2002 10:11:34 AM
From: Killswitch  Read Replies (1) | Respond to of 19219
 
Also H&S pattern on SOX, and some sox stocks like NVLS. On NVLS for instance this would take it down to around 28 which is lower than July 3.



To: Killswitch who wrote (13547)7/18/2002 11:19:15 AM
From: Killswitch  Respond to of 19219
 
Those H&S necklines were defended, so now we simply have a trendline there... the whole Naz action over past few days may be morphing into a badly formed flag.


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