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

To: Galirayo who wrote (126937)	12/12/2005 7:59:54 AM
From: skinowski	Read Replies (2) \| Respond to of 209892

How High does it have to go up from here to get a solid 2 count ? I think we'll need that to break thru support Agree that a break of the recent low would look bearish. But - MACD has plenty of room until it makes a diverging lower top... which gives the price a chance to make a higher high, no? The green aroon line didn't touch the floor in over 2 years, which attests to the strength of the trend. During the decline of recent months the green was moving in parallel with the red line, the way it is supposed to act during consolidations. What d'ya think?