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

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To: Doug R who wrote (32774)11/23/1999 8:59:00 PM
From: bruce-l  Read Replies (3) of 79230
 
Doug:

Was a little surprised by the move up in ratio today. I think we might see some bouncing around here because a change one way or another in the in3drsi hits really changes the ratio right now. For instance the hits Mon were 126 to 22, today they were 131 to 18.

3drsi/indrsi ratio

Last Mon = 4.25
Last Tues= 5.33
Last Wed = 6.88
Last Thur= 7.00
Last Fri = 6.80
Monday = 5.73
Tues = 7.28
Wed =
Thurs =

bruce
ps. Doug, do you think IFMX will come down and retest 2/28/96 - 11/10/99 breakout or run after todays close off the low? I'm thinking it may drop some more.
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