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Post# of 148479
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plexxus

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plexxus

Re: ajtj99 post# 45969

Friday, 04/08/2005 9:57:47 PM

Friday, April 08, 2005 9:57:47 PM

Post# of 148479
Hey AJ

You may be right. All the charts lineup and are holding their trendlines off the March 2003 lows so if that starts to breakdown I think we'll have trouble. So far the indices seem to continue to find support off that trendline. I still favor a move to about 1250-75 in time based on my wave count. However, if our key supports break will adjust as needed.

http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[w,a]whcayiay[df][pb50!b200!f][vc60][J48721645...

Our technical negative divergence off the 5/15/30 minute charts played out well today to the downside.

Enjoy your intraday updates...nice work!
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