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

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To: GROUND ZERO™ who wrote (18587)3/13/1999 10:38:00 PM
From: Brian Hornby  Read Replies (3) of 44573
 
My SP system just went short for Monday close, bond system is still short but barely. I feel the early week pullback then break up through 10,000 scenario is most likely. Just a little pullback early next week to shake the trees and then up into triple witching. Then a nice short covering run above Dow 10,000...

Oil does technically look like a short. I saw it pop through 15 Friday, but I haven't been following it so... Certainly if the agreement to cut holds the trend will stay up. It is the future the trade looks it, not the present oversupply. If a cut is real and confirmed at the March 23 meeting, the price will continue up.
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