Sunday, September 11, 2005

UP AGAINST IT


click to enlarge

As you can see, the 400 WK SMA is just above current trading area. The NAZ has lagged this rally, high beta usually leads it. INTC sold off FRI. MACD is weak and weaker still during entire rally from 2003. Bouncing off overbought RSI.

400 WK should provide stiff resistance.

D

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