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

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To: GROUND ZERO™ who wrote (4542)12/16/2004 11:20:36 AM
From: Chip McVickar  Read Replies (1) of 12410
 
Okay...

The spiral on the 65 min charts I've been following... gives cash SnP... 6 more days to the R-open wall...
Daily chart went through yesterday...
Weekly chart in this series is also outside the R-open wall by 2 weeks...
Lets see what happens with this set....?

These markets are clearly showing signs of being over bought, but only in the Oscillators and Indicators that everyone's so fond of following...
However, nothing internally in my work ups shows any serious breakdown.

I'd say a slight pull back early January to realign the Oscillators... and then higher... That is... without some interrupting significant event...?
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