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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: Gush who wrote (702)6/8/2005 1:11:22 AM
From: Walkingshadow  Respond to of 4814
 
Yes, I think UNH will move down to test new support (former final resistance).

There have now been three consecutive candles outside the BBs, and that is extreme. Further, today's cande was a reversal candle after a rally, consistent with a shift in the short-term trend here:

stockcharts.com[w,a]daclyyay[dc][pd20,2!b200][vc60][iLk14!Lyb20,2.0]&pref=G

139.142.147.218

BBs are sufficiently expanded now to a more average width. However, there is not yet a lot of technical evidence of reversal, but likely that will come very soon.

T