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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: peter n matzke who wrote (25278)6/13/1999 6:09:00 PM
From: nicewatch  Read Replies (1) | Respond to of 44573
 
Hi Peter,

Thanks for the pattern analysis.... would you assign an equal probability to scenarios 1 and 2? TTYL, take care

Regards,

Frank



To: peter n matzke who wrote (25278)6/14/1999 6:40:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 44573
 
Okay, if this is a multiple choice, I'll pick #4, I like the odds.....<g>

GZ



To: peter n matzke who wrote (25278)6/14/1999 10:54:00 AM
From: Chip McVickar  Respond to of 44573
 
Peter,

My Pick
>>#4 S&P runs to a new high before june 23rd, (extremely low probability)

Another one of my price projection tools taken from Connie Brown's new book "Technical Analysis for the Trading Professional" p. 121

Price Projections using RSI
Suggests a signal indicates the SPX market will see 1396.77 before it goes below March low 1256.52....

But then I developed another that suggests 1238 will be seen first....

I will discard one or these methods after this important resistance area has been resolved. I don't believe it will be Brown's <<smile>>