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

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To: sandeep who wrote (6227)5/24/2005 9:01:33 AM
From: GROUND ZERO™  Read Replies (1) of 12411
 
Good questions... the spiral suggest heavy selling up around the 1210ish level, that is if we ever get there, this price is not set in stone, it is only suggested that, provided we rally to those levels, that prices will run into very heavy resistance at that level... also, the extent of subsequent selling would be determined by when and where the top actually occurs... using the spiral, I can only peek around once corner at a time, so I can give you a much better idea after next Wednesday...

GZ
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