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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (42050)7/19/1999 9:39:00 PM
From: Chip McVickar  Read Replies (1) of 94695
 
GZ,

·Nasdaq was the only OutSide Reversal and very strong
·RUT interday high is questionable, but low is clear and strong
·OEX an Outside Day
·SPX an Outside Day
·Spoo and Mini both Outside Days
·DJIA is an AnyOld Day

SPX dropping off Median Line at 1405
Lower Tine at 1350± on the Daily

60 Min has cluster of median lines at 1400±
One at 1375 SPX

Technically weak short-term with support at 1350spx
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