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Strategies & Market Trends : E-Mini Pit

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To: the-phoenix who started this subject8/1/2002 11:27:04 PM
From: Ramus   of 11288
 
On that last chart..look at the time from about 10:00 to 10:15 where the stochs were oversold and the CCI was moving up while price was still heading down. This was also a divergence and the outcome here...although the indicators did indicate the probable rise in price, and it did rise, it did not result in a very good move. The MA line is an aid to this type of thing, LOL...don't trade against the trend!! Something I'm always trying to remember, believe it or not.

Walt
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