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Post# of 51861
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Blackbelt1

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Blackbelt1

Re: Blackbelt1 post# 11705

Monday, 05/16/2005 4:38:43 PM

Monday, May 16, 2005 4:38:43 PM

Post# of 51861
I meant to say a close above the downtrend line running across the highs from March to May will clear up any issues about the 40-week low being in.

This market looks like it has work to do studying the weekly $NYA. The chances of the weekly candlestick closing above the downtrend line this week are slim. Next week offers a reasonable chance, but the question remains: Can it, will it do it?

Black
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