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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: GROUND ZERO™ who wrote (24624)6/3/1999 9:15:00 AM
From: Chip McVickar  Read Replies (1) of 44573
 
GZ,

With these 2 Inside days, plus the forming bowl, obvious Triple Bottom on the 30 min chart....plus the lower tine structures at 1280 SPX.

Also, the volume on the Futures was 'declining' as the market was 'rising' off yesterday afternoons low and this is very strong signal of an over sold market.

1340 by Friday
I expect a strong acceleration for the rest of the week, but not a new high. All that's needed now is strong upside volume.

Lets see if I'm right?

Chip

iqc.com
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