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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Terry Backlund who wrote (11496)1/29/1998 3:02:00 AM
From: Doug R  Respond to of 79231
 
Terry,

RADAF now has well defined lines of support and resistance. These lines are both uptrending. It also has an alltime high to contend with. Support would be defined by the lows on 1/14/98, 10/28/97, 5/27/97 and 5/2/97. Also, 16 is a good line of horizontal suppoet now. There are a few lines you can draw from just before the final blowoff on RADAF that could give you an idea of resistance going forward. I expect 20 will also be a hurdle with teeth for a while.

Doug R