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

To: Jeffrey S. Lillie who wrote (17173)11/26/2002 11:53:32 AM
From: ajtj99  Respond to of 30712
 
I think the keys right now are the 20EMA on the 60-minute. If they keep selling that level on the NDX, it's a ceiling. If that is surpassed, the 13-EMA comes into play.

Watching that and the indicators is all we can do right now for today, IMO. We should get another test of the pivot low this AM if the 20-EMA gets sold again. I would not rule out a run to the 13-EMA, however, as that would be a 50% re-trace of the move down from yesterday's high to today's low.



To: Jeffrey S. Lillie who wrote (17173)11/26/2002 12:10:03 PM
From: LTK007  Read Replies (2) | Respond to of 30712
 
i want to see NDX close below 1100. This support now is still showing a pit-bull ticker, it won't let go:), which means the prop and pop enemy is still lurking , imo.
I want ugly.Max



To: Jeffrey S. Lillie who wrote (17173)11/26/2002 12:13:36 PM
From: LTK007  Read Replies (1) | Respond to of 30712
 
We have an RSI AV test in process now on SPX, based on Daily period. Max


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