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To: GROUND ZERO™ who wrote (659)1/3/2001 10:46:33 AM
From: Chip McVickar  Respond to of 12410
 
Yes'ah, I've been watching the 120 charts.
Outside bar is there as well.

The forks and fibs have been right on lately with the 120's

I'm waiting to see the market break 1320, before positioning long, got a left open wall on the 1320's.



To: GROUND ZERO™ who wrote (659)1/3/2001 11:22:52 AM
From: Chip McVickar  Read Replies (1) | Respond to of 12410
 
Right...., now the 120 nq's are outside a left open wall.

I almost went long yesterday based on this...!
Glad I didn't...!

L-open/macd
60min ES right on the wall and about to break through.
120 ES is showing weakness...?
240 ES is showing support for a long at this time.
What's your read on this disparity?

Yesterday I was early on the long side based TP's and forks. But didn't factor in the strength of the gap and got stoped out.

Now we have a second test of the Gap...!