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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (8351)8/26/2008 3:40:42 PM
From: jaker  Read Replies (1) | Respond to of 41420
 
That was kind of a mistake when I drew the purple uptrend arrow.. However, by adding a rail there... is very legitament.

Good observation, it does add a danger warning line and if busted, not good. as it is another support line...

ref: previous chart, currently building a doji at the regression channel support line...

But as Steve Nison would say.. The whole weight of the market is resting on that Doji,( if it closes as a doji? )

So betting the ranch may not be advised... see what happens tomorrow, IMO