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To: Ken Reidy who wrote (159)9/2/1999 9:16:00 AM
From: Doug R  Respond to of 1065
 
Ken,

PIR really missed the litter box with that failed signal. It'll have to squat lower and do it again. The operative word here is lower. Same rules as always for the next signal...and place stops accordingly.
It's possible that it may bump up a bit before then but the 13 dCCI on it is a classic example of a comatose CCI. Absolutely no tone to it at all. When a 13 or 21 dCCI loses the sharp angular movements in its activity (I call it comatose), there's almost certainly lower lows ahead.

Doug R