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

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To: SE who wrote (5049)10/1/1998 12:55:00 PM
From: Arik T.G.   of 44573
 
Sorry for the late response.
This wave down is a bit longer then I thought.
The gap down in the morning wasn't big enough, and we continued down more. The 490 area is a STRATEGIC short area, and we were there this morning.
50-50 if we see this level again, if yes, then tomorrow is the latest to see it.
What is certain is that we'll go much lower.
Europe may reflex up tomorrow, and it could help a check of the broken line, but this is not a must.

ATG

ATG
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