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To: mishedlo who wrote (60948)12/5/2002 6:09:53 PM
From: Shack  Respond to of 209892
 
Well I don't much care for that particular triangle as it is far into the APEX and does not hold the coil to carry it too far.

On the other hand, I love that declining wedge it broke out of on the 120-min chart. But really, the big break out would be over the dt line off the highs. Nice start though.



To: mishedlo who wrote (60948)12/5/2002 10:23:35 PM
From: the-phoenix  Respond to of 209892
 
Looking at it on a weekly chart and drawing the upper trendline off the June high, it is just a probe above and doesn't appear quite so significant. Assuming a bounce on the equities over the next couple days it should shirk back down inside that triangle, IMHO.


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