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Post# of 79026
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northam43

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northam43

Re: positiontrader post# 17348

Tuesday, 01/17/2006 2:08:37 PM

Tuesday, January 17, 2006 2:08:37 PM

Post# of 79026
Position Trader - Right now Stock Charts NDX Daily RSI(5) is 56.3, MACD(12,26,9) trending down. We more than likely will close below RSI(5) 70 (bearish). I believe this pullback will take us down to 50 DMA which will probably be around RSI(5) 30 area.

Good trading!

Lindy

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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