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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 (9671)	2/13/2006 5:32:20 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 12411

Just cleaning up my old charts from the days when I was actively trading SP. I used SPX charts for long trends because it was easier to "set and forget" than to start over with a Continuous SP Chart each quarter. So, while erasing these things to make room on the machine, I came across one with a trendline started in early 200 that appears to be getting hit on the upside last month and this.Based off of Highs in March and August, it only had two points, so it isn't much of a trendline, but it now has added three from December, January and February. Just trivia, the line intersects around 1276, 1280 at this point in time. Gentlemen, I believe you have yourselves a rising Wedge. ------- Never thought I would ever look at the market beyond the day that just ended. Times are changing, Z, I'm getting old.