News Focus
News Focus
icon url

ajtj99

06/15/04 3:07 PM

#27573 RE: was Steve #27572

FWIW, there are some bastardized inverse H&S formations setting up on the NDX (1512 target or so) and Dow (10,520 or so) just from looking at these quickly the past few minutes.

The NDX would need a drop to around 1475 or so to fill the right side, then move up.

Just a heads up. I have not looked at the RUT or SPX. These U-shaped drops have a habit of continuing upwards once the top of the U has been reached and re-tested from below.