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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (25700)7/20/2000 1:08:56 PM
From: Robert Graham  Read Replies (1) of 42787
 
The TRIN is now moving up. There is a support to break on the TICK. But first it may break a trend line. So far I see we may have a move up to test resistance before anything else happens, like a follow through to the downside. This is a guess on my part since price is actualyl hanging at a spot where either direction can happen first. We shall see. :-)

I see additional price contraction on the 3-min chart. Something coming up shortly.

**update**

Looks like price continues to pull back a bit continuing to ride the 20 EMA 1 down. On the 15-min chart, looks like a marginal test of bottom. I am starting to think a move up is in the works.

Bob Graham
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