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

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To: GROUND ZERO™ who wrote (38229)10/22/1999 10:22:00 AM
From: Chip McVickar  Read Replies (2) of 44573
 
GZ,

The volume has been very solid and goes along with the improving a/d. The strong volume spike of yesterday coupled to the inside day...which also feels like an intermediate reversal up, says higher short term. Don't forget the down trend line off the peaks on the SPX and DJIA. Markets seem to react to these placements.

This whole run I've been looking at the 1285ñ and 1320ñ areas.
We'l see what it looks like when the market arrives.

Chip
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