Trendline
#1
Posted 05 January 2007 - 02:28 PM
#2
Posted 05 January 2007 - 02:50 PM
Sitting right on the trendline off the mid November Peak....Push through and its a quick trip to 1380... BUT, if it holds.... look out above.
mm
I dunno where you're drawing the line...
#3
Posted 05 January 2007 - 02:54 PM
Sitting right on the trendline off the mid November Peak....Push through and its a quick trip to 1380... BUT, if it holds.... look out above.
mm
I dunno where you're drawing the line...
Draw a HORIZONTAL line from the late November PEAK across the early December lows and today's lows.... Think HORIZONTAL... opens up a whole new way of seeing the world... Like a box....
mm
#4
Posted 05 January 2007 - 02:57 PM
Draw a HORIZONTAL line from the late November PEAK across the early December lows and today's lows.... Think HORIZONTAL... opens up a whole new way of seeing the world... Like a box....
mm
ya.. some of us call that SUPPORT line.. trendline is usually something else. You did say trendline.
Yes SPX has support right here based on price. Its been bouncing off it a few times. But it also has maintained its trendline.. until today maybe.
#6
Posted 05 January 2007 - 04:15 PM