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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: bcrafty who wrote (47513)7/25/2002 2:36:11 PM
From: ajtj99  Respond to of 209892
 
I would watch the 50% re-trace level on the Dow off today's high. If it is going to reverse strong, it will often times hold pretty close to that level. Keep an eye on the indicators, as they can tell you more about the Dow than the numbers in a re-test.

In edit, I forgot what thread this was. Indicators could be anything you use to get a bead on what's happening, including e-wave.

I've seen some real pretty, textbook drops today. It's like looking at an e-wave manual.


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