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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (883)	12/6/1997 2:30:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 1589

dlucas; RE:" OSX.X - Oil Service ("drillers") Index..." My rudimentary TA says support was tested across the board this past two weeks in the OSX and trend change is confirmed. Anybody agree/disagree ? I agree that the DownTrend has changed. We've got a nasty gap in the OSX.X,D at ~115 and heavy resistance starts at ~125, so some retracement is certainly possible here. I've just completed a scan of the AMEX:XOI.X,D "Big Oil" Index and it also looks bullish, FWIW. Candlesticks on Weekly and Daily charts look particularly good on AN CHV ORX UCL Would appreciate your (and your colleagues on the "driller's thread") feedback on the XOI.X index and these four components, in particular. Thanks, fellow candle-freaque ;-) -Steve