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Little Chico

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Little Chico

Re: Keith K post# 21896

Sunday, 02/26/2006 8:26:44 AM

Sunday, February 26, 2006 8:26:44 AM

Post# of 79026
Keith,

You might be right about this. Drawing channel lines is very useful, and on the weekly chart it shows a support level that is developing at about 1650 for the $NDX. We have two white candlesticks on the weekly chart following a doji, and that is significant. I was waiting for the stochastic and RSI to bottom out, but that might not happen before the next leg up. We should know more soon.

Chic


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