Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (28052)	4/5/1999 11:08:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79230

Myron, A head and shoulders by itself isn't bearish. A break of the neck line is. The 13 dRSI on the S&P has an uptrending neck line. If used as support, that's good. A higher right shoulder needs to be on higher volume with the neck line used as support to complete a bullish picture. So far the market's starting off the critical period of the next 5 to 8 days very well. My posts were meant to offer a roadmap. I'm not calling for a correction yet but the path to one is pretty well marked. Just trying to pay attention to the market, Doug R