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To: doug-e-mini who wrote (40177)1/13/2000 12:29:00 PM
From: Chip McVickar  Respond to of 44573
 
Doug,

45§ was drawn on a 34min chart off the high of Jan 4th, 2000.
After checking the notes the call was good for 1/11 close. Time movements pushed the actual 89'12 low forward until the next morning and away from the 45§ angle...price never actually touched the line so the call is invalid.

With the marketat 89'26 at 12:01....there is a new 45§ off 1/7/00 high that has just been touched just now and suggests the market will stahl or pass through and go higher.

Todays 34min chart has a new fork off 1/5 low working with a TP at 2:28 today.