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

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To: nicewatch who wrote (9220)12/1/1998 7:27:00 PM
From: scanshift  Read Replies (1) of 44573
 
S&P 500 futures Range Extension Rectangle, a classic "hard low"
put in early. Screen shots from today at www.scanshift.com, under daily shots, 1 December 1998, reflect the importance of having an aggressive scan of secondary items to get a feel for Range Extension. The spokes started to all uptick hard when the S&P's were in the hole, and with a tight range, something had to give, and it was the high. With spoke activity improving throughout the session, we continued positive upward range extension.
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