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Pastimes : Trading the markets.....

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To: GROUND ZERO™ who wrote (597)10/31/2000 8:22:52 PM
From: Chip McVickar  Read Replies (1) of 4583
 
The daily Utilities chart suggests it's waiting for the next bit of chaos. The TP window is suggesting the same thing.

Weekly Chart's a little different. It's weakened considerably and the bars are signaling caution and shortly a sell. The 5-RSI has diverged as well...!

But, as you know with TP's they can go either way...!

I still like the long side going forward.
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