A kiss back to recent broken support would fill gap, left unfilled...bearish. I've drawn a TL from the top of the gap on Nov 3rd/05 through the recent lows......don't know if it's going to mean anything but potential for a neckline?..maybe. Taking out the Jan 3 lows, would mean the gap in the 1600 area gets filled and/or the TL connecting the May/Oct lows gets hit. Taking out that long wedge to the upside in the next few days, then I'll be less bearish. In the grand scheme of things though, I'm watching 562/565 oex ......that area has potential to turn most equity markets around if reached. 2 charts
ndx: perspective
Started by
eminimee
, Feb 09 2006 09:06 AM
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