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Non-Tech : Raptor's Den

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To: mish5000 who wrote (2742)	8/16/2002 3:17:06 PM
From: mish5000	Read Replies (1) of 10157

Almost!!...Well, we got our proposed spike dip to the 1320's and are now in the process of forming our "Hammer" on the Futs Daily Candle. Message 17883814 Couple of observations, we are locked in a huge rising wedge on the 60 which looks set to peak between 1380 and first target 1400. Longer term indicators are starting to peak at OB so my best guess is the 1400 Target should now be a blow off before we dice around and correct. I have MAX Pain on the Q's at 23.. and we are way above that, which should be taken as a positve for the current momentum. Currently almost 25. Still holding proposed targets of : 1400, 1425, 1450, 1480 then 1500 distributive top - until I see something to make me assume otherwise.

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