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


To: Chris who wrote (4969)7/22/1998 1:00:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Hi Chris,
Check my previous post to Al. The NYSE BP never reversed up and the short term indicators have dropped but no reversals yet.

We have been on a sell signal with the NYSE BP since June with no reversal to the upside. In fact, it has given two sell signals. Next sell is at 44 and it currently is at 50.5. After support here at 46 next support is at 34. Last time it was at that level was in 1994.
We have been on defense and are still on defense.

Take care,

Jan I am