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PeakTrader.com Economics, Portfolio Optimization, and Technical Analysis
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arthur Guest
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Posted: Wed Mar 23, 2005 4:26 pm Post subject: OEX Chart |
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OEX held 557 today, which was an area of previous support twice before recently. The 10 day MA at 568 is short-term resistance. However, the sell-off has been so steep, that a V-shape may be completed within the next few weeks, on a close above the 50 day MA and middle of Bollinger Band (i.e. 20 day MA).
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