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: Doug R who wrote ()	4/9/2000 10:52:00 AM
From: JBH	Read Replies (1) of 79230

Lets's see how this sounds..... RMTI: RMTI 3drsi seems to be getting to the point of being stretched and approaching the apex of the DT and UT. Looks like it may finish putting in the right side leg of an IHS within the next couple of days. If you discount the two 3/22 and 4/04 latest deep dips in the 3 drsi there is a longer term UT line dating back to 12/22. It looks like it could take a bounce off this line to complete the IHS and signal up through the apex. The price chart seems to correlate with this as well, with the DT and the longer term UT apex just above us. Looks like it could start a move through there within the next couple days. Also...seeing a couple target lines into the 5 5/8 area that look like they may intersect, possibly by the end of the month or so? Hard to see exactly. I notice RSI doesn't like to be "crunched" in an apex before it breaks away. How's that! JBH

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