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To: GROUND ZERO™ who wrote (6035)2/17/2000 5:31:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 11513
 
GZ,

The lower tine of the most recent fork has been penetrated.

But this is just a test. If it breaks much lower then right here the markets could close that Gap a'ways lower.

Was the strength this morning an important pattern and telling...?

Tomorrow is important?

Have a Good Evening,

Chip

BTW, I had a great trading day. Think I've got it back.



To: GROUND ZERO™ who wrote (6035)2/18/2000 7:27:00 AM
From: JDinBaltimore  Read Replies (2) | Respond to of 11513
 
Hi GZ,

Was reading your and Chip's Fork analysis, I don't understand them so therefore I can't comment, But I certainly agree with your agreement of a 1350 test on SPX. Just curious if you have looked out any further, with what I'm using.. It seems not believable... but I see a test below 10M on INDU and 1328 on SPX Cash, pretty near term. What do the forks show for those areas? Thanks

My Best
John