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To: Henry J Costanzo who wrote (138072)10/30/2006 12:28:03 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
[SPX] MC the only thing that the SPX has done so far today is backtest the Upper ED Trendline. It has not even really Backtested the 13ema yet.

I'm not sure what trendline you're looking at.

Looks Intact to me so far .. and not in need of Fixing.

Older chart ...

ttrader.com



To: Henry J Costanzo who wrote (138072)10/30/2006 2:59:28 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
The low of 10/27 is the presumed wiggle 1st down. If it gets taken out, the odds should be pretty good for new highs. THis did not happen on SPX and NDX, but COMPX and indu did take out the corresponding low.

So... dunno. We have a wiggle conundrum. Keeps me still in the Neutral club, I guess - for the moment... ;)

edit - I should say 10/27 MORNING lows