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

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To: GROUND ZERO™ who wrote (14546)2/2/1999 10:46:00 PM
From: Chip McVickar  Read Replies (2) of 44573
 
Hello GZ,
iqc.com
.
The M-tine here held the market on 2/2
Spread: 1/4 Low to next High
M-tine the High before 1/4....sitting at 1246-48 cash on 2/2
L-tine about 1215-18 cash

You know...your right...given the volatility of these recent markets
this was not a very impressive sell off.

If Globex is weak tomarrow we might see 1215-18
Or better yet:
There's a M-tine off the 1/19 high, crossing that lower one 1215-18
They should cross about 3:00 to 4:00 on 2/3

If it gets to that middle tine, a nice set-up....
If the price is close to that cross, excellant point for the next leg up.

If Greenspan raises a .25 these points at 1215-18 will not hold.
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