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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (21022)6/10/1999 10:27:00 AM
From: Ms. X  Read Replies (1) of 34811
 
I've been looking at some charts of the major players and I'm not seeing and breakdowns on the charts. Even PFE held the support line (for today anyway). Looks like today is providing pullbacks for those that were looking for them.

Still be careful with that OPTI in O's. The short term indicators did NOT reverse up, in fact the 10 week moved down one box.

The market has provided the FED with its rate hike already but the DJBB is still moving down. One box this week. However, things on the rate front are very over sold at this point. We are keeping watch for any reversals up.

I can feel the uncertainty out there...
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