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To: Perspective who wrote (9152)10/28/2008 8:43:57 PM
From: Galirayo  Respond to of 41416
 
NDX .. you could Draw a Trend Line on the Aroon Down Red Line Pivots ..

Or you can place a Horizontal near 1375+ on the Aroon 25% Harmonic .. Or PSAR will Arrive at the 25% Aroon Harmonic in 'Time'... before Price hits your Top Trendline near 1400 .. it will encounter the 34dma. .. and PSAR R.

Anyway you look at it .. Overhead R will leave a lot of opps as it tests .. and tries to go higher.

But the Fed Meeting will dictate sentiment for the Bulls .. till they realized that .. the Fed is Spooked out of their SKULLS TOO >>> ;)

stockcharts.com



To: Perspective who wrote (9152)10/28/2008 9:22:34 PM
From: Galirayo  Respond to of 41416
 
NDX ... but I definitely see your Upper DT Trend Line.

It matches fairly well with the Gann 1x1 ..135* Blue Line off the Last High Pivot here.

If it can't take that out .. I'd look for support on the other Blue line as support off the Oct High Pivot
of Last year. Or some Horizontal Crossover of Lines. Important one near 905. Another at 1097.
Another at 1228 [blue off the Top Pivot and Green off the secondary pivot.] which looks like it was support.

img248.imageshack.us



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