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Strategies & Market Trends : today's chart

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To: Robert Graham who wrote (560)9/10/1997 10:57:00 PM
From: Richard Estes   of 1267
 
I am not a pattern guy. But somewhere I remember a warning about muti-flags. I will research; for now a vague memory.

A flag, yes. After looking at past data. I would have liked less volume in past few days. I don't see a flag in past. You might be referring to Jan, but I don't call that a flag. Overbought, no, not by my CCI(13). I sure wouldn't stick around after 9.50, it is in a 5 wave that might reach 13.38-.50 but it has reached first target of 10.
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