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

To: Upstock who wrote (21878)10/6/1998 1:40:00 PM
From: Doug R  Read Replies (1) | Respond to of 79230
 
Upstock,

It's still in progress. The trigger line (which is descending) was created at a rather high value of 86. Today the trigger line is at 62 while the RSI on CADE is bottoming. I didn't expect CADE to bottom this hard before breaking the signal line. It looks as if it will break it sometime before Monday.
Tomorrow has a great probability of being a very large up day for the entire market so it could be as early as that.

Doug R


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