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

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To: GROUND ZERO™ who wrote (8720)	11/17/1998 9:39:00 PM
From: SE	Read Replies (3) of 44573

Yes, looks like that fork currently sits at 1120 and rising slightly. By the end of the week it will be at 1125. Will the pull-back be that large? Not before a run-up to re-test the highs....back up to 55 then down is my guess. EDIT - I can see why you like that fork....57.00 today was the top tine of the fork and then the pull-back. This fork appears to be the major fork in charge right now.... It seems the shorter the time frame to plot a fork, the more likely prices will overshoot the tines....like today's afternoon fork which overshot the 45.50 middle tine price. Plotted on the 2 minute chart.

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