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Pastimes : Ask da_cheif
MVIS 0.700-2.8%Feb 4 3:59 PM EST

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To: GROUND ZERO™ who wrote (6483)10/26/2001 3:56:50 PM
From: Chip McVickar  Read Replies (1) of 8150
 
GZ,

Will be short the NQ's on the close, for a short term position trade. Keeping SPX longs

Reason:
This daily candle bar is a particular reversal bar...
I call it a "Cherry Bomb."

Also we have the Delta Time Projection trend reversal for the 10/27
And notice the divergence on the RSI 5.., it's recent highs diverge down from the price bars. This is confirmed by the Wm% R

stockcharts.com[l,a]djcaynmy[d20011022,20010101][p][iLb5!Lk14!Lp8,3,3!Ld20]

Have a Good Weekend...!

Chip
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