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Saturday, 04/29/2006 11:35:44 AM

Saturday, April 29, 2006 11:35:44 AM

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A question for group . I really love these excel files helping me become a disipline trader

a question on thursday qqqq ended on R2 but candlesticks and other indicators pointed to an up day on friday and yet we had down day (because of Microsoft earnings)

I have a few questions
it seem to me on thursday r2 was really strong because qqqq kept on coming back to it all day.. has anyone tested such a thing?

that is the length of time a stock(or index) stays at r1,r2, s1 ,s2 might determine it's strength ?

also is there any other signal that might be used in conjunction of the supports and resistance which would help deduce where market is going (short term).


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