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Friday, April 12, 2002

Friday, April 12 close

NDX closed *right* on 1351 support. Also as anticipated, the NDX gapped open, sold, and gained to close positive on the day, however negative on the week.

Velocity of today's move was not so fevered, to its benefit. Next resistance is 1371, which if overcome suggests a move at least to 1399, where on the 60m there is a confluence of the bullish and bearish Andrews; or 1411 at best where on the daily there is resistance (62% fib and prior trendline). Next supports are 1341, 1330, 1319.





moon phases
 

At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows

About

blather: nonsensical talk.

At times my analysis log, at times sharing what I've learned. Always my own work and views.

Credits

Content: amg
Basis: glish & bluerobot
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