The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: beio who wrote (29648)	5/18/1999 1:37:00 AM
From: milesofstyles	Read Replies (1) of 79237

ok, with today's data added, you got an ihs in a 3day rsi, a strong short term indication. this is confirmed by sto's 2.1.2 and 3.1.2 which give it room to advance and are supportive of a knee in the 4.3.2 which now is threatening to go back into ballistic mode after setting a higher low. its got a chance to really move here tomorrow and possibly the following day . the key then should it perform as i would expect based on the ihs in the 3rsi in the next day or 2 would be to see how stretched the intermediate terms become and whether they meet resistance. some of the intermediate term indicators are showing ihs's with the right shoulder set, the negative being the neckline is an uptrending line and more difficult to penetrate. sorry for all the confusion, see how much better i do with all the data, lol milesov

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