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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Michael Watkins who wrote (4311)	12/7/2004 12:15:47 PM
From: Michael Watkins	Read Replies (2) of 12410

this test in crude is taking forever if one just looked at a snap shot here it looks weak. What's interesting is that stock indexes reaction is surprisingly muted so far even though "42" would appear to be broken. In recent days such a break would have sent futures flying higher. Just an observation. May be worth nothing. EDIT - CL pushed even lower, making a clear break on the 20M chart and starting to get a little far away for a clean test of bottom here - and still indexes have not ramped. Very unusual given recent history. trendvue.com Might just be a little stretched to the down side here?

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