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

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To: steve susko who wrote (6393)10/14/1998 4:00:00 PM
From: donald sew  Read Replies (2) of 44573
 
Steve,

I have to say that today was a wild ride for my technicals, but its working out.

If you recall from my index update, since today is the 2nd day it could be up as long as it did not take out 8084 to the upside.

It appears that we will close with a SPINNING TOP, which is a sign of indecision. Per an earlier post I also indicated that I got my CLASS 1 SELL on the DOW, if it was to close up 100, to get at tomorrows highs. With the speed of this market, I think the CLASS 1 SELL started already. We could still see a pop tomorrow, but not much, then the selloff should continue.

Seeya

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