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Hello
just finished my work on NASDAQ
looks like the sell off on Monday(if any).. Should be bought,!, likely low
about 1814-1834
this is a FAKE rally that'll take us to a close of 1852-1862,
the next move is to a LOWER low 1750-1760
best regards
Ben
the odds for the rally are good,, the 3 day 5 day and 8 day trin are at a 21
day hi
----- Original Message -----
From: "BL" <blee7@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, August 18, 2001 4:04 PM
Subject: [RT] Nasdaq-100 Poised for Big Move?
> Based on some very significant, contracting trend lines, the Nasdaq-100
> appears primed for a nice move, most likely within the next week or so.
> Pictured in the chart is a proprietary, non-optimized indicator (red line
in
> chart) which has recently broken through support (Point C). If price
breaks
> support below its lower trend line (Point D), this may be the confirmation
> the "nice move" is headed south. The red indicator correctly contained
the
> recent false break-out in price action (Points A and B). We'll see what
> transpires (Note: the red indicator's units are not price, it is simply
> overlayed on the pricing chart). - Brian.
>
> Diclaimer: This message and chart is not meant as trading advice. Market
> indicators are often wrong, resulting in loss of capital if acted upon.
> There is extreme risk in trading futures and the risk is not limited to
the
> monies posted as margin.
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
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>
>
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