tag:blogger.com,1999:blog-6055535128640439225.post2875523490408953703..comments2024-03-04T12:15:11.944-05:00Comments on WEEKLY TECHNICAL COMMENTARY: TODAY'S ACTIONJohn C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6055535128640439225.post-19728204421379628182008-12-04T16:14:00.000-05:002008-12-04T16:14:00.000-05:00that's more long term. TA works better in shorter ...that's more long term. TA works better in shorter time frames. We could be rounding out but we could be doing other things in a few months time.John C. Leehttps://www.blogger.com/profile/01697985036838910334noreply@blogger.comtag:blogger.com,1999:blog-6055535128640439225.post-13314741912621450792008-12-04T15:14:00.000-05:002008-12-04T15:14:00.000-05:00John, I am new to this and trying to get the hang ...John, <BR/>I am new to this and trying to get the hang of technical analysis. Looking at the daily charts for S&P/Dow it looks like they are in desending 'wedge' with a Breakdown/out area sometime in feb. where I think there is considerable support and a feasible bottom (i believe bottom more on a macro view than a strictly technical call). Is my analysis way off?<BR/>Thanks,<BR/>JayAnonymousnoreply@blogger.com