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

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To: freelyhovering who wrote (33827)2/6/2000 4:57:00 PM
From: Doug R  Read Replies (1) of 79357
 
Myron,

ONSS:

The 3 dRSI is over 97 as of Fri.
It should trade higher intraday tomorrow and may even close higher. Not a whole lot of room left though.

It had temporal clearance for 1/19 with a second shot of it for 1/27. The 1/27 hit did not get proper verification until the move on 2/1.
The way the 4,3,2 is situated now, there won't be another instance of tc for at least a month. That tells me the top ONSS is making now will probably be it for a while although there's a weak bit of tc (secondary tc) on the 13,8,8 happening for 2/11. The first good shot of 13,8,8 temporal clearance it had was on 12/1 followed by a secondary hit on 1/3. After this top, it'll pull back and bounce a bit on 2/11. A decent bounce but it'll be a lower high.

Doug R
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