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

To: SE who wrote (8678)	11/16/1998 4:24:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 44573

Okay, two of your forks are very near term. That's good, these near term points indicate only near term points of attraction. The multiple intersecting lines indicate a more likely turning point, unless prices burst through there tomorrow. Today, the December contract stopped right there. Now, this may have been the top, or tomorrow, it may sell off some then burst through. You've identified a possibly interesting phenomenon since we did stop there on the close. Let's see what it does tomorrow with this...Good detective work!!! I think you'll master this thing yet! GZ