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To: Logain Ablar who wrote (71619)5/1/2003 11:06:45 AM
From: Chip McVickar  Respond to of 209892
 
Tim

>>Looks like the lindhal wiggle made it with todays close<<

stockcharts.com[h,a]wahannay[de][pf][J10903970,Y]&pref=G

The Lindahl Buy Wiggle on the weekly SPX/Dow/Nasd charts beginning in the last week of March..... did not form a classic 3rd bar. The low of the 3rd bar didn't take out the low of the second bar..... However everything else was complete..., so it's a variation.

The follow through was strong and I believe the bullish nature of the pattern is still in place.
This pattern is negated if price closes below the 3rd week/bars close.
That would be:
COMPQ -- 1425.50
INDU -- 8337.65
SPX -- 893.58

My Best,
Chip