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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures
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To: Chip McVickar who wrote (8238)10/26/2005 12:46:42 PM
From: Kirk ©  Read Replies (1) of 12411
 
RE:
Using 9/9-high 1243
There's plenty of room for an upside move with the wall at 1175
Using 8/30-low 1201
The price is against the wall... is calling for resolution.


I'd use the 8/3 high of 1246
note how the spiral catches the an low and a high before that period plus it says we bottomed on a wall on the 13th (when I bought I might add...)...
This has a LONG way to go before any walls...

I agree with your use of the low... except it seems we've broken the wall so the low is in and we are now looking for a top.

Kirk
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