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


To: Robert Graham who wrote (28136)8/22/2000 10:37:47 AM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
If it does not follow through in about 30 seconds, I will be thinking continued congestion. Currently testing the 20 EMA on the 3-min chart.

10:40 AM

Price poking its head a bit more to the downside, but appears to be trading in congestion. So I am beginning to suspect a push up from here. The Stochs on the 3-min and 1-min time frames appear to be bottoming. The Stoch on the 5-min time frame at its 50 level.

10:45 AM

The push up has been weak so far. Perhaps one more attempt at a move down coming up. I have seen nothing tradable so far.

10:48 AM

Looks like the 20 EMA 5 is beginning to act as a magnet to price, which is close to the top of a former trading range. And the Globex high is close by that.

Bob Graham