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

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To: SE who wrote (9301)	12/3/1998 1:00:00 PM
From: GROUND ZERO™	Read Replies (1) of 44573

Scott, An inside day generally indicates the market is trying to turn. It would be more reliable if it occurs after a lengthy run up or down. But still, I'm about 3100 positive on the a/d and if we resume the rally in the next couple of days, we may just be witnessing a nine week cycle low. If we resume lower after this consolidation, then we're going lower and I'll be booking my trade from the long side. Did you notice how prices touched that upper tine and turned down? I'm always amazed. Today seems easier to get into SI, I've been having a heck of a time. Later... GZ

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