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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (8246)10/26/2005 2:42:58 PM
From: Chip McVickar  Respond to of 12411
 
Added the black line, which is typical chart resistance...
Plus the 150 and 200sma publicly followed indicators as well.

I'll expect heavy selling if the gap area at 1175 is cleanly broken.

stockcharts.com[l,a]daoannay[pb150!b200!f][J61506461,Y]&pref=G



To: sandeep who wrote (8246)10/26/2005 3:04:00 PM
From: c_hl  Read Replies (2) | Respond to of 12411
 
Market pattern looks a lot like April bottom. But I have a bearish feeling. This is not quite right.

Interest rate is the biggest concern, imo.