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

To: AllansAlias who wrote (78155)	7/31/2003 10:53:45 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

AA, INDU declined (arguably) impulsively off the 6/17 top, and then traced out a very choppy advance, containing tons of overlaps into today's (new) high. What is your opinion about all this? Could it be that the decline was a sharp correction (A) and the advance was a "B"? (with a C down to follow?) The advance since 7/1 looks too cranky to hide an impulse, even a failed one. From a general TA POV, the whole thing looks like a cup sin handle. Maybe we get one - all the O'Neilleans would be very excited.