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

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To: Chip McVickar who wrote (16896)2/27/1999 1:04:00 PM
From: Jerry Olson  Read Replies (1) of 44573
 
Chip

one more thing of note...if you look on the chart, you'll see an asending dotted star line...if you look to the left of the chart at 8650, and draw a horizontal line straight across the chart it would touch the top of that line...

we call that the Bullish Support Line(BSL)...i would think at a minimum we will test that line...if it holds the selloff would be over...if it gets pierced the next logical stop would be 8100ish and be very very bearish!!!!!!
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