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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: augieboo who wrote (96587)	7/20/2002 10:58:14 PM
From: sylvester80	Respond to of 99280

LOL. <gg> Other than the retest of the NDX low at 945 and the 97 low at NDX 925, draw a 6 month daily NDX chart and draw a line from the March 11 high (near 1560) to the May 20 high (near 1350). That's the upper trend line of the channel. Make a copy of that line and move it till intersects the low points at low near May 6th and July 3rd. Those two parallel lines give us the big channel that shows support right below NDX 900. Good luck. BTW, you can draw a similar channel on COMPQ that shows support at near 1290 or so.