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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (41766)	12/4/2000 10:44:37 PM
From: SE	Read Replies (2) \| Respond to of 44573

Two possibilities tomorrow. Either a one way up day or an A shaped day. Expect an early high at 9:50 am. Midday low at 11:15. Late day high at 15:35. If the day is going to be A shaped there are two things to look for as clues that might occur. First is that the early flows create a LOW point at 9:50ish, not a High point. Given that we have a gap higher, that could be unlikely. We see. The other thing to look for and this goes without saying really…is that if the late high comes early, say around 12:40. So if the market starts to falter there, we could be down into the close. Watch closely at that point. If we have a true gap, it appears highly likely that it will close. Of the true sell gaps I have 71% closed.