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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (30176)6/17/2003 7:12:22 PM
From: ajtj99  Read Replies (2) | Respond to of 30712
 
Justa, look at the weekly, AV forming on fast if we hang in this area, as well as RSI-5 and 14:

stockcharts.com[h,a]waclynay[pc9!c13!c20!d20,2!h.02,.20!c50!c100!c200!c150!b200!c125!c175!b50!c225!f][iLa5,9,4!Lh5,5!Li10,10!Lp14,3,3!Ll4!Lo14!Lb5!Le5,10,1!Lh89,34!Lh45,17!Li180,68!Li90,34!Lp7,2,2!Ld20]&pref=G

Makes we want to load up on that index. Oh, wait, I've already got some of that stuff <G>



To: Justa Werkenstiff who wrote (30176)6/17/2003 7:16:45 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Justa, the NWX also has an A=C target around 224, which is in the vicinity of the monthly 20EMA:

stockcharts.com[h,a]maclynay[dd][pc9!c13!c20!d20,2!h.02,.20!c50!c100!c200!c150!b200!c125!c175!b50!c225!f][iLa5,9,4!Lh5,5!Li10,10!Lp14,3,3!Ll4!Lo14!Lb5!Le5,10,1!Lh89,34!Lh45,17!Li180,68!Li90,34!Lp7,2,2!Ld20]&pref=G

I think it's a high probability that the 185 level was a local low, and the next stop will be 221-224.


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