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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Tom Trader who wrote ()2/12/2000 4:20:00 PM
From: Temple Williams   of 44573
 
My "next most likely" Series projection: For Monday, it might look almost exactly like the Preferred series. Meaning that there will be no real resolution between the series until the close (or Tuesday morning). That is when a recognizable divergence begins, with the Preferred (most likely) series channeling the 1400.00 Cash S&Ps area (ultimately establishing it as support rather than resistance), while the Alternate (next most likely) series never really even threatens that zone. By the close on Tuesday, after struggling to a high of 1395.00 Cash S&Ps, the Alternate series starts its collapse towards the Cash Gap remaining from the end of October. It might fill it on Thursday after a hard push lower on Wednesday. That might also be a good bottom as the index continues to complete a fifth wave A-B-C-D-E exhaustion triangle (marking the end of a very large Wave III of the series). Here's the chart for Monday ... ends .... sellnow.net
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