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

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To: Jerry Olson who wrote (33811)	9/15/1999 10:44:00 PM
From: Patrick Slevin	Read Replies (1) of 44573

Yes, you use a 5 point x 3 box and I have a 4 point x 3 box. In so doing, the 4 x 3 broke the dble bottom at 1336 yesterday. If it were a 5 x 3 I imagine it would not have if you say so. But the 4 x 3 did, because it broke down below 1332 yesterday. Right now, as a matter of fact, it stopped (thus far) at the 1320 box which (by chance?) forms yet another double bottom with a column of O's formed 6 columns ago, ending around 9/2 or 9/3. Not only that, but there is a trendline extending down from 11 columns ago, a line which stopped the SPX in it's tracks twice, using the 4 x 3. You should learn this stuff, it might help you. Then, once you get the lingo down, feel free to ask me anything you like!!!

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