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To: Shack who wrote (68476)3/13/2003 12:08:24 PM
From: ajtj99  Read Replies (2) | Respond to of 209892
 
I'm looking for a high Tuesday at NDX 1017, which should tag the falling resistance line off the Jan and Dec highs.

It would be the 3rd touch of such line and a beautiful set-up for a triangle breakdown (with a base at NDX 972 going way back to November). That triangle measures to the October lows (Sorry, no time for a picture here).

A drop from Tuesday would be almost textbook, as it would be about 80% of the way to the apex of that triangle.