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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Warthog who wrote (34454)3/7/2000 5:56:00 PM
From: Doug R  Read Replies (3) of 79230
 
Wart,

For technical activity that reveals trigger activity for SWW's TC look at the 3,1,2 and 2,1,2 stochs. The 4,3,2 and 89,3,5 will confirm as they are fed by the faster period sets.
For an idea as to the supply/demand dynamic being confronted here go to the price chart and extend a line all the way back from the highs on 3/3/00 and 2/10/00. Then a line extended all the way forward from the lows on 2/20/97 and 7/28/97. Very cool stuff there.

Doug R
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