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hiker

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hiker

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Re: ajtj99 post# 63912

Saturday, 11/05/2005 6:08:29 PM

Saturday, November 05, 2005 6:08:29 PM

Post# of 148479
Overhead resistance?

NDX closed at 1628.3, less than a point from the August high of 1628.6. Double top?

RUT closed right on the downtrend line determined by the Sept. & Oct. highs (682 & 674):

http://stockcharts.com/def/servlet/SC.web?c=$rut,uu[r,a]daclyyay[pd20,2!c13!c50!b100!b200!f][vc60][i...

The RUT daily also looks like it could use a drop to fall out of its wedge and form a decent up-channel.
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