Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

NDX daily showing lots of resistance just above today's close:

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

H&S Neckline at around NDX 986, 20SMA and middle BB at 986, 20EMA at 987, and 50EMA at 1005.

I guess they'll have to give us a gap up on Tuesday <G>

Check out where we stopped on the COMP weekly chart. Right at the falling resistance line off the Jan/March 2002 highs:

http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[h,a]waclyyay[de][pb20!b50!b200!c13!c20!c50!i!d...

If this is real, we would close above that line next Friday. If not, we're below it.

NDX 30-minute showing a bit of strain here, and an A=C target of about 990

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

NDX weekly 20SMA is at 1005. Also the middle BB.

http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[h,a]waclyyay[d7][pb20!b50!b200!c13!c20!c50!i!d20...

COMP daily has a cluster of resistance at 1323 (20EMA, 20 SMA, Middle BB),

http://stockcharts.com/def/servlet/SC.web?c=$COMPQ,uu[h,a]daclyyay[d7][pb20!b50!b200!c13!c20!c50!i!d...

1316 is the .214 re-trace off the 1522 top to the 1262 bottom. We stopped today at the .236 re-trace off the 1468 top to the 1262 bottom at 1310