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plexxus

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plexxus

Re: Burk post# 58625

Monday, 08/29/2005 2:05:43 PM

Monday, August 29, 2005 2:05:43 PM

Post# of 148479
These often retrace to the top of their wedges being 1223 on the SP 500 and 39.15 on the QQQQ's. Would also keep in mind the 50/20 SMA's in terms of resistance points. 20 SMA's are now declining so a likely place for a pause/reversal.

Will need to keep watch on our down channel as well seen here.

http://stockcharts.com/def/servlet/SC.web?c=qqqq,uu[w,a]ehcayiay[d63][pb50!b200!f][vc60][ila12,26,9]...


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