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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: peter n matzke who wrote (41342)	11/20/2000 9:06:11 AM
From: SE	Read Replies (1) of 44573

Yup, we agree. This is a week 2. I don't know about it being a one way week. Patrick's data seemed to arrive at the same conclusion. Maybe I am reading V shaped and 1 way incorrectly? Two days ago I believed that Monday would be a consolidation day, fairly tight range with a low,high,low pattern. Tuesday would be down and the rest of the week up. Today's open kinda negates that thinking and instead has me thinking that the week could be a one way week up. Yet to be determined. For now I am thinking 3L,4H possible 5L or move towards it late today. I just manually flipped through my weekly charts (10 min which prints out the entire week) for all WEEK 2's ES97Z through ES00H and the pattern appears to favor a one way week, with the next option being V shaped. There were a couple A shaped weeks, but not many.

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