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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (7808)11/4/1998 1:20:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 44573
 
Pat,

Correct. That's the most recent one, and the one I'm watching. See how easy it is to eye ball the fork? You can see the center tine guide the current market higher, as if prices are magnetically attracted to that extended line. Draw those pivots for the DOW and SP cash and see how prices relate to that center tine. For the NAZ, prices have crossed that line, showing strength and now trending to the next higher tine. If the NAZ pulls back, it should pull back to that center tine and then resume upward.

GZ