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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (674)5/18/2003 8:50:01 PM
From: the-phoenix  Read Replies (1) | Respond to of 941
 
tooearly: You might notice that MSFT tested a significant weekly downtrend line off the Jan 2002 top this past week and has printed a bearish Evening Star pattern now in the weeklies with that failed test. While no harmonic patterns are really setting up yet, the ones that I see that could set up in the weekly chart would complete much lower than where we are now. "Too early" to say, tho. <G>.