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

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To: Temple Williams who wrote (40651)2/12/2000 2:25:00 PM
From: Jerry Olson  Read Replies (1) of 44573
 
Temple...

1350 would be the exact Bullish Support LIne on P&F using what we call the 10 box chart size...

but it would also create a double bottom sell signal...and if it moved one box lower to 1340???, i think we would free fall to 1280ish or so...

i do think we'll rally back up to 1420area first...then come down to test that line....

we are setting up a triangle on the P&F charts...interesting to see...they always resolve one way or the other BIG!!!!
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