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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (8441)10/8/1998 9:46:00 AM
From: Ms. X  Read Replies (1) of 34811
 
Keeping an eye on the Dow chart today. 7400 breaks all near term
support. That 8500 may have to wait a bit.

Hope everyone is doing OK.

Jan I am

DJIA

8250 O ----------------------* Med
8200 O
8150 O X X
8100 O X X O X O
8050 O X O X O X O
8000 O ----X --X O X O X O -------
7950 O X X O X O X O X O
7900 O X O X O X O X O O
7850 O X O X O X O X O X
7800 O X O X O X O X O X O
7750 O X O X O X O ------O X O ---
7700 O X O X O X O X O
7650 O X O X O X O X O <--Yesterday's pullback
7600 O X O X O X A X
7550 O X O X O O <--Support
7500 O X O -----------------------
7450 9 <--September low
7400 <--Break of near support.
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