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


To: freelyhovering who wrote (15479)4/25/1998 5:53:00 PM
From: James Strauss  Read Replies (1) | Respond to of 79263
 
Myron:

Many times the bottom Bollinger Band offers a good entry point... But sometimes, it is the final support before a breakdown... Note the break below the Linear Regression Line on the second chart...

iqc.com

iqc.com

The breakdown of the A/D line and smaller number of new highs adds fuel to this downturn... Looming in the wings is the possibility of a May Fed hike...

Jim