The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (32560)	11/9/1999 9:44:00 PM
From: Magnatizer	Read Replies (2) of 79230

Market Magnets 11.10.99 geocities.com notes SPX tested the experimental utrend today. Loss of it tomorrow on close implies a test of the new tline (1350 utrend) at a minimum. Tomorrow is a tline cross day and the PPI comes out in the am. Also a 3 period RSI H&S bdown and bearish engulfing candle today ought to make tomorrow very interesting. If PPI does not take control of market I see more downside tomorrow with the 1352 test at a minimum. Dow: 3 RSI H&S BDown Nas100: Dark cloud cover... potential topping formation. Nas comp: Dark cloud cover on huge v. yikes. 3 rsi trick set up. R2K: YOWSA wtf got into the r2k. I dunno but 5 days of +97 3 RSI is amazing. ht david

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