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Strategies & Market Trends : TA- Advanced GET

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To: Richard Estes who wrote ()	12/24/1999 10:28:00 AM
From: Jan Robert Wolansky	Read Replies (1) of 1551

S&P 500 Discussion Yesterday, the S&P500 closed within the MOB on the daily chart from the primary pivot on 7/19. What are people's thoughts on whether the S&P will be able to get through the MOB in the near term? Although the S&P is showing a wave 3 on the daily chart, the 5/35 osc and the 5/17 osc are both showing a strong divergence. BTW, the weekly chart shows similar divergences for all the osc's, with the S&P completing a wave 5, and the cycles analysis showing peaking next week.

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