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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: count gold who wrote (9661)	12/27/1997 10:27:00 AM
From: Doug R	Read Replies (2) \| Respond to of 79284

CG, MTON's short-term downtrend is still intact. The only uptrend support it has is weakened. Trades below 7 5/8 on Mon. would do more serious damage while over 8 1/4 would be very encouraging. MACD is showing some signs of life but it's not above the bullish threshold. RSI is in the same shape as the MACD. Stochastics are not entirely encouraging. By Jan 2, 7 5/8 may become a point where a supply/demand decision is made. If it remains above 7 5/8 until then, it's likely to still be a hold. If it loses its grip on 7 5/8, you'll have a decision to make. Doug R