SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (9806)11/16/1997 12:23:00 PM
From: Real Man  Respond to of 94695
 
I did the same analysis, and came up with the same numbers (almost):
7500 and 7800. 7500 is broken. If we break 7800 resistance,
we are going higher. In terms of channels, it seems, the major bearish
channel is between 7400 and 7800, and declining
(considering Oct.27-28 a fluctuation), so we just bounced off
the lower boundary. -Vi



To: bearshark who wrote (9806)11/16/1997 2:13:00 PM
From: Investor2  Respond to of 94695
 
Thanks for the very informative post. Your technical assessment matches my gut feel quite well.

You mention that you have two rapidly-declining resistance lines and a long-term bullish trend line at about 7060 on the DJI and rising. When (i.e., what dates) do the lines intersect, if projected into the future?

Thanks very much,

I2


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News