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

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To: bruce-l who wrote (37021)9/17/2000 7:37:56 PM
From: Doug R  Read Replies (1) of 79444
 
Bruce,

I'd think that a recovery of the S&P mag 1/4 zone with that kind of ratio strength would lead to some solid upside for the S&P.
On the flip side, if the S&P does not recover the 1/4 zone with that kind of ratio strength, there would be some solid downside as a result.

Looks like it's gut-check time.

Doug R
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