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Strategies & Market Trends : today's chart

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To: Claud B who wrote (598)9/20/1997 7:54:00 PM
From: freelyhovering   of 1267
 
Claud B--DJ-30 has formed a nice cup formation and 5 day ema has crossed above the 13 day for a short term buy signal. I think we can go to 8250 near term. I was assuming that the turning point you are talking about is up until I read post #581 and looked at the referenced chart (New SP500). It appears in that post you were calling for a down draft. Have you changed your mind? As I look at the Speed SP500 chart it appears to be breaking out to the upside. Please educate this novice. Myron
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