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


To: TFF who wrote (8237)10/26/2005 9:52:36 AM
From: Chip McVickar  Read Replies (3) | Respond to of 12411
 
TFF and others watching the spiral....!!!!!

Using GZ's cash chart the spiral tells a story.
charts3.barchart.com

Using 9/9-high 1243
There's plenty of room for an upside move with the wall at 1175
Using 8/30-low 1201
The price is against the wall... is calling for resolution.

Now what do the forks say?
stockcharts.com[l,a]daoannay[pf][J61506461,Y]&pref=G

Red fork is strong... blue fork as well, look for it to repel price higher.
Push off higher to 1210 is the initial target and then 1230

Using 1205 low
Spiral wall on this chart gives a few days left before resoultion.

BTW... Internal studies supports higher prices... as does chart paterns.

How this helps,
Chip



To: TFF who wrote (8237)10/27/2005 4:40:34 PM
From: TFF  Read Replies (3) | Respond to of 12411
 
The SPX short term DS hit the wall. Looking for some strength tomorrow.