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


To: Jack of All Trades who wrote (4764)1/7/2005 2:08:11 PM
From: Chip McVickar  Read Replies (1) | Respond to of 12411
 
The 30m chart is better for the red fork
stockcharts.com[w,a]fcoannay[pf][ild20!lb14!lb5!lh14,3!la8,21,5][J14182162,Y]&pref=G

NO.... it (red fork)... IS a viable fork to trade....!!!
The recent consolidation pattern is a Bullish Bar pattern
This fork has contained it's impulse...
My Internal Pressure work and QSignal Trend work... all indicates that the upside is favored and will be the break out direction. BTW.. it's derivation is not a schiff angle, but independent and on it's own.

Monday around 1:30 am there's a TP
After that projection, going long should be a beneficial to the production of retainable profits.