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

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To: Patrick Slevin who wrote (28055)	7/19/1999 5:05:00 PM
From: Chip McVickar	Read Replies (1) of 44573

Yup.... It's on all major index charts except the DOW On the SPX the market....it's about to fall off a median line at 1405±...[1414es9u] The lower tine is at 1350± spx [1360±] >>I noticed it as soon as it broke the Friday Low<< I believe it would have been a stronger signal if the SPX had actually closed below Fridays close...but it did not. Neither did the OEX...which was very close on the close. But, the Nas did close below Fridays low.....convincingly EDIT: After market is already lower....wonder if this is strong enough to put in a Top...short-term? Globex will be interesting to watch....

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