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

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To: Stoctrash who wrote (7587)10/31/1998 11:31:00 AM
From: GROUND ZERO™  Read Replies (1) of 44573
 
I have never seen those lines on my pitchforks. Take the SP cash, here's what I have. Bisect the July high and Oct. low with a line drawn from the June low, then extend that line into the future on the chart. That line will give you the next serious resistance point, date and price. Also, bisect the Sept. high and Oct. low with the August low and do the same thing. There, you will see that the current rally is moving along that line.

Just a basic introduction here, I'll explain further if I haven't lost you yet. Let me know.

GZ
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