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Earl,
I am able to put up the same line, but it was violated rather signicantly in
March -April (see first gif attached). Does that invalidate the trendline to
any degree (meaning a break now not necesarily all that important)?
The only concern with the second gif is parobolics never see a wave 5, just
"the big 3", which I hope is not the case here? Note the wave 4 oscillator
is nearing zero but a few more months minimum needed and could be quite a
bit more if it decides to go below zero?
don ewers
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: "Realtraders" <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, August 30, 2001 8:09 AM
Subject: [RT] Markets
> Update of chart I posted a week ago noting threat to the 94-98 trendline.
>
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Attachment:
Description: "DJImonthly082901.gif"
Attachment:
Description: "DJIday082901Trendline.gif"
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