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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (4127)8/14/2002 10:33:35 AM
From: Chip McVickar  Read Replies (1) | Respond to of 206756
 
So far and IMHO the price action is perfect.....
closed the gap and hold the lower trend line....
Setting up to reverse the outside down day.

875.00± is the SPX lower trend line

The forward down fork [July high] is looking at 725.00

There are daily TP's for Thur, Fri and next Tuesday 20th... just about the time this triangle is completed. Hasn't been a cluster like this for sometime.

Gives the boys something to look at... <smile>