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Post# of 148479
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ajtj99

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ajtj99

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Re: positiontrader post# 2846

Thursday, 06/26/2003 6:29:53 PM

Thursday, June 26, 2003 6:29:53 PM

Post# of 148479
Well, since the March low, anytime we have closed above the 13-EMA after having closed below it and made a low, we've moved up an average of 132-points to our next top:

http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f....

Just an average run here points to NDX 1318 off the 1186 low.

With the daily chart quite oversold; end of month/beginning of month, end of quarter window dressing, 4th of July weekend all on deck here there's a compelling case for more movement to the upside.

FWIW, I'm looking at that 1365 NDX target.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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