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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (33128)3/19/2003 3:29:15 AM
From: sun-tzu  Read Replies (1) | Respond to of 57110
 
after the oct 18, 2002 op-ex, the $SPX continued to move up off the october low. however, the similarities to the january move can't be denied.

the $SPX can still move to 900 before resistance is met. both it's IT downtrend lines connecting the 12/02 and 01/03 tops, as well as overhead supply, form these levels.

finally, JW's chart on the NDX argues for more upside as its' IT downtrend line has been broken.

stockcharts.com[r,a]dhcayiay[dc][pb20!b50!b200!c20!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J10809156,Y]&listNum=1



To: Jorj X Mckie who wrote (33128)3/19/2003 8:11:43 AM
From: Techplayer  Respond to of 57110
 
thanks for the charts. I must be seeing things. I could have sworn that I saw one with the next clear resistance at 895...