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


To: Ocote who wrote (11044)1/22/1998 2:58:00 AM
From: Doug R  Read Replies (2) | Respond to of 79273
 
Ocote,

It wasn't a bad day actually. Just 2 Dow stocks accounted for about all of the loss. MSFT reported above expectations so tomorrow is a tossup. I'll go with up 80 or down 80. At this point I'm not going to push my record.

The 13 day RSI has a top D now in this cycle. Remember when I said it gets pretty complicated? What to look for to see an upward bias is clearing all these RSI intersections without tripping over one of them. To do that it needs a top higher than A. If tomorrow continues down, the first intersection may be directly in the way. We'll see soon.

Are you hanging in there with AT?

Doug R