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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (5984)3/5/2005 5:28:26 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 8752
 
Linear Regression is proving to be more accurate than most other S/R indicators with QQQQ.

Shifting gears, I drew this chart of the QQQQ with annotaions that I am going to use in my analysis tomorrow. I thought you might like to preview my chart:

themarketwind.com

Reid



To: Walkingshadow who wrote (5984)3/6/2005 2:39:19 PM
From: Gersh Avery  Read Replies (2) | Respond to of 8752
 
Hi Terry ..

I'm looking at the NDX chart .. should be about the same as the QQQQ.

on the weekly chart .. Isn't that some sort of flag right now?
It seems that it would point to about 1400 NDX (about 33 for the QQQQ)

Grin .. I just looked at the QQQQ chart .. cute trick .. you can't see the whole formation.

Forks from last week:

ttrader.com

If we hit the target of the flag formation the up trending fork will fail. That will leave the down trending fork as the bad boy ..

My $0.02 (or less)

BTW interesting candle for this week.