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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: GROUND ZERO™ who wrote (38563)10/25/1999 12:01:00 AM
From: Chip McVickar  Read Replies (3) of 44573
 
GZ,

General Electric's chart shows a massive outside weekly reversal that encompasses the last SIX Weeks. I've never seen anything like it.....I believe it's a complete key reversal that has bullish implications.

The proceeding week was declining off a major peak and all time high, suggesting a reversal upwards. But placed in conjunction with other factors, could this chart pattern actually be interpreted as a clear Topping Signal?

My Best,

Chip
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