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Strategies & Market Trends : Point and Figure Charting

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To: quote 007 who wrote (23567)9/7/1999 9:40:00 PM
From: james ball  Read Replies (1) of 34809
 
Stuart,
this is jay. You are right in that a support line will be drawn from below the 1270 box if the bearish resistance line is violated at 1365. We have only one trend line in effect at a time so we will not draw a bullish support line until the bearish resistance line is violated. jay
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