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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (155)9/8/1999 12:27:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 9427
 
Patrick,
EDIT: Just saw your last message. See that you got it.

The box size for the DWA charts is 4 pts (takes 4pt move to add an X or an O). And then a 3 box reversal to change from a column of Xs to a column of Os (or vice versa).

For the futures, I would stick with the 3 box reversal as a standard and then alter your charts based on the box size. For futures, you might need the .5 pt or 1 pt box to be effective for your purposes.

BTW: the SPX is right at the Bearish Resistance Line right now. I have never looked to see the relationship in the SPX and the SPU on the charts, but it looks like either the SPX is leading the spoo, or vice versa, cuz they are not hitting the resistance lines at the same time.
Tom