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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 685.66+0.2%Dec 5 4:00 PM EST

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To: Iris Shih who wrote (22823)8/16/1999 5:18:00 PM
From: ynot  Read Replies (1) of 68718
 
look at this one
iqc.com
could be brutal imho
if CPI drives it below the mid-point of the nearest white body candle
it may drop very quickly to the mid-point of largest white body candle before that one

also check the weekly in the same scaleshows an obvious downdraught, imho
again, if it breaks midpoint of the latest white candle, down we go

i'm no expert
but, my only positions are short
take care
ynot ;)
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