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

To: GROUND ZERO™ who wrote (727)1/9/2001 11:40:25 AM
From: Chip McVickar  Read Replies (1) | Respond to of 12410
 
Well thought out post.

But it's only pop in a down trend....!

That reversal bar yesterday is a beauty.

The 25 day sum has just past into my 40 day ±6 day window to reverse.
Last move on Dec 15th was exact. Going from negative to +

ob/os indicator is sitting at 1.32 for yesterday which is a +9914.....! (10,165 on Dec 29th) That's an historical high for the last few years, which rarely get above +6,000.
Nov 98 was the last series of higher at +10,00 and 12,000.
1.20 is an overbought market.

Directional change coming over the next week or the markets go higher.



To: GROUND ZERO™ who wrote (727)1/9/2001 1:08:28 PM
From: Chip McVickar  Respond to of 12410
 
Gap has closed on the emini, but not the cash.

TP's coming up. Lets see what happens...?



To: GROUND ZERO™ who wrote (727)1/9/2001 2:32:48 PM
From: Chip McVickar  Read Replies (2) | Respond to of 12410
 
Gap just closed on the cash market.

Now only the Nasdaq is open on the cash

second day of wiggles very close SPX
In on the DJIA

Spirals are broken


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