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

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To: SE who wrote (17748)3/5/1999 1:51:00 PM
From: Chip McVickar  Read Replies (2) of 44573
 
Scott and Thread:

My internal checks are beginning to show the posibilities of a buy to
the long side....I know nothing about strength yet.
But not yet confirmed.....could break down 1:50 to 2:30
One Indicator has a sell at 10:00 this morning

T-P
1:50 - is stronge
2:00 - 1d
2:15 - 3d
2:30 - 3d
All a cluster...do not see many of these ?????

1275± is GZ's fork sept/oct -- upper tine is 1355± spx
Another has an Upper tine at 1300spx -- Fork off Nov H

These are the Big ones

The Latest fork has a middle tine at 1270-73 where we bounced
It's off Low of 2/17
Upper tine is at 1312
Lower at 1216

My internals are mixed some say buy but longer one sell a sell
TRIN .58 off highs
nyse adv near highs
nasq near highs
nyse adv vol is right at highs

Take Your Pick >>>smile<<<
Chip
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