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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (71228)	4/11/2003 4:32:40 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 209892

OJ, In IMPO the sell wiggle will close a lower gap and that'll be it. VLE daily chart.... is in a "Bull Walk" and until 970 is taken out... these markets will be moving higher over time. However, there are strong divergences in RSI and CCI that need to be worked out, so near term this supports some lower prices. VLE Daily stockcharts.com[h,a]dahannay[d20021111,20030411][pf][ilb5!lb14!ld21][J10879051,Y]&pref=G We're looken at'a "W" formation or Inverse Head & Shoulders or a Bullish Coil.... Slowly Being Formed here in the weekly index charts..... Not an easy to see bearish H&S. DJIA Weekly stockcharts.com[h,a]wjhaniay[de][pf][vc60][J10931642,Y]&pref=G