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

To: Rsg who wrote (13192)3/11/1998 1:04:00 PM
From: bazan  Read Replies (1) | Respond to of 79471
 
Dave/Doug,

Seems like we're getting a positive move on ACRT. Can anyone tell me where the next resistance level is?

regards,
ms



To: Rsg who wrote (13192)3/11/1998 1:33:00 PM
From: Doug R  Read Replies (1) | Respond to of 79471
 
Rick,

The IL for PSQL is approx. 20 today. The ACT is down at 15 1/4 and rising slower than the IL. That gives the price plenty of time to fall appreciably once the reaction to IL violation begins. It's lower than today's open now so this is very likely the beginning of the reaction here.

Doug R


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