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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (27103)8/8/2000 1:13:38 PM
From: Robert Graham  Read Replies (2) | Respond to of 42787
 
Price now past the 20 EMA 7 and now testing the important 20 EMA 15 (20 EMA on 16-min SPOO e-mini chart). Looks like price did reverse and is closing on the apex of that triangle. A possible bull flag in the works which can facilitate one more attempt at a move up.

**update** 1:19 PM EST

Price now testing the apex of the triangle. Price action on 1-min chart indicating a possible pullback. Stochs on 1-min and 3-min have bottomed out. If this fails, I think more selling will begin to enter this picture.

Bob Graham