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

To: c_hl who wrote (7063)8/3/2005 10:19:12 PM
From: TFF  Respond to of 12411
 
does the tail wag the dog?



To: c_hl who wrote (7063)8/4/2005 6:02:52 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12411
 
I just took a much closer look at the ES chart, and I noticed that if you use the high on 6/22 for the CP (almost a perfect double top), that the spiral is just about identical to the one used for the SP chart... for both, today is the first full day outside the spiral and the vertical is also up around 1260ish... accordingly, we should see prices weaken beginning today across both markets, for what it's worth (no pun)...

GZ


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