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


To: SE who wrote (28324)7/21/1999 2:53:00 PM
From: Patrick Slevin  Respond to of 44573
 
Yeah, I saw a Dble Bottom before that kept me out, I think it was at 1383....I don't know if it was the same one.

Also important is to view "how" the DBLE gets broken. If there is a lot of power then that sucker is unlikely to come up for air near-term. If not a lot of power, then it most likely will reverse fairly strongly.

Look at the Triple E-Mini Bottom at 1381 around 13:20 EST. It was broken by a little bit, then ran straight up to 1387.75, it looks like.

It's an interesting phenomenon. Right now, there is a Dble Top at 1387. Another at 1387.50 on the spoo.