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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 (6925)7/21/2005 5:13:36 PM
From: Chip McVickar  Read Replies (1) | Respond to of 12411
 
GZ....

This might be another quiet top... next week will be important...!!!

My internal studies are still positive, but a few key ones are showing weakness underneath these last 5 days.

The 25day sum has a secondary peak below the last one, and the first peak did reach close to extreme highs.
Arms studies show the resolve weakening

But other measures of market strength/weakness remain positive and strong...?
So the time forwards will play a big part.

Forward Time Studies
1.618 fib forward studies have the 29th as a due date for trend reversal in all three major indexes.
There's a Bradley coming in on the 28th... so 4 days either side is a window for trend change