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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures
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To: GROUND ZERO™ who wrote (690)1/8/2001 1:31:55 PM
From: Chip McVickar  Read Replies (1) of 12411
 
The diamond is using :
11/30 low
12/11 high
1/4 high
12/21 high
The SPX cash market is also testing the lower tine of the dominant forward fork daily.

Median line looking down on the 240 charts is holding nicely.

Now testing double bottom and looking at a ragged "W" in all the major cash indexes.

Utilities have responded to a weekly fork median line, which suggests sentiment may be changing in that recently dominant sector.

Gotta have some news this week to spark a move up..!
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