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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (18927)5/21/1998 3:16:00 PM
From: Bull RidaH  Read Replies (1) | Respond to of 94695
 
Tippet,

Actually, we need to see the June S&P decisively take out 1115 on this chart before it is 100% confirmed.
fast.quote.com
The break of 1115 on this chart will activate the huge coil (symmetrical triangle) pattern that's been forming since 4/22, as the rising trend line of the pattern is currently at 1115 even. When this is broken, 1057.50 will be the net target of the break, with 1086 providing healthy support.

David