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Re: Tech Investor post# 7302

Tuesday, 07/23/2002 11:29:05 PM

Tuesday, July 23, 2002 11:29:05 PM

Post# of 704049
SPX and Dow are in falling wedges, which should break to the norm (up) tomorrow. The SPX may do that after reaching 985 while the Dow may already have hit its target or may get to 7525-7575 or so.

The NDX is still in a steep downchannel. If it can build a flag out from maybe NDX 890-900, it could also have a wedge to break up from too. Otherwise, the steep sloping downtrend may get sold all day.


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