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Re: ^NDX Technical Puzzles



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Hi,
We all know that all indicators in wkly chart are overbought.
But, by using the horizontal formation in P&F chart to calculate the 
short term target, my short term target is 1700.And,2025 for ^IXIC.

Hope this helps.

CC Chen

--- In amibroker@xxxx, "Dimitris Tsokakis" <TSOKAKIS@xxxx> wrote:
> Both Stochastic and Relative Slope have a bearish
> divergence, anticipating a price drop.
> ^NDX triangle is bullish, promissing a +100 gain for 
> the next days and , the more important, a break of 
> 1600 resistance.
> Market Direction changed yesterday its slight bearish
> path.
> Some times Technical Analysis tools are incompatible.
> 7 days later, things will be easy for analysts. They will
> speak for another confirmation of the first or the second 
> case.
> But, decision time is now, not 7 days later.
> Any idea ?
> Dimitris Tsokakis