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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: jjstingray who wrote (5845)8/27/2002 1:35:28 PM
From: ajtj99  Respond to of 30712
 
jj, we've nearly hit the 980 uptrend line on the 60-minute NDX chart. However, there are 3-black crows on the NDX 30-minute chart:

stockcharts.com[h,a]faclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14][J6471081,Y]&pref=G

It appears the most logical course would be a re-trace to 998 NDX and a drop to NDX 978. From there we might get a sucker run to test one of the pivot highs from today.

Beyond that, I'm not sure what to expect with end of month window dressing.

We could just drop to 978 NDX without the re-trace also.