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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (97)	10/26/2000 2:54:26 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 12411

ECOZ Daily chart is following a median line south, has been for sometime. It has broken a strong base at .8500. There's nothing here that would suggest any strong move up. However the RSI-5 is flatten out similar to the last pop. And it is at the end of a cycle 120 min chart is more powerful and suggests higher prices. 15 min chart has a bull walk going on the day with a move to touch the Gap. Now looking to gain stride to close the gap on the 60 min charts at .8400 RSI-5 on the 15min shows a divergence prior to todays move. 6 min chart shows some weakness, but I like it. Maybe buy the close or wait until tomorrow after the open and see what the overnight crowd does with it. Maybe average in lightly around .83000 and again tomorrow. Bar patterns look positive.....Put me down: buy 1 at .83060 on the time stamp stop .82450