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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (4332)7/2/1998 10:58:00 AM
From: wizzards wine  Read Replies (1) | Respond to of 34823
 
Morning JJ, I just looked and yesterdays # was 51.46 for the daily BPNYSE , so we are a little more than 1/2 a point from reversing..

I also couldn't get on this morning until about 1 hour ago..

Later
Preston



To: Giordano Bruno who wrote (4332)7/2/1998 11:20:00 AM
From: Ms. X  Read Replies (5) | Respond to of 34823
 
Hi JJ.

I put together graphs for the 10 week, 30 week and High Low - saved it so I could finish it later and Poof....it is gone. Drat.

So, you get the written version :-)

As of 6/29.

10 Week: Has moved to Bull Confirmed this week. This means it not only reversed into X's but it has given a buy signal (exceeded a previous column of X's) This is a very bullish signal especially coming at the 40% level.

High Low Index: Has moved to Bull Alert at the 38% level. This index was on a long tail down and has a ways to go before achieving Bull Confirmed.

30 Week: Still in a column of O's at the 43% level. A reversal up would be at 48%, current reading 45.28%

Over the counter (OTC BP): Still in a column of O's at the 40% level. Reversal up would come at 46%, current reading 43.6

Optional Bullish Percent: Still in a column of O's at the 40% level. Reversal up would come at 46%, current reading 44.96

NYSE BP: Sill in a column of O's at the 46% level. Reversal up would come at 52%, current reading 47.7%