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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Tom Trader who wrote (1910)8/10/1998 9:19:00 AM
From: Tom Trader  Read Replies (1) of 44573
 
Scott--re system signal

Friday's action caused the buy point to move up somewhat

Based on where the futures are likely to open a buy signal should be triggered in the futures today if the SPX takes out Friday's high a bit less than a point, any time today. I will take the buy signal if it is triggered.

Potential does exist for a continuation sell signal in the event of marked downside.

I will not be available the rest of the day and thru much of the week

Good trading
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