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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 (8680)	11/17/1998 6:14:00 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 44573

Scott, You meant to post 10/20 as the previous high, not 11/20, is that right? If so, then you've just identified the pull back I posted last week as the place where the most near term buying should come into the market during last week's consolidation. See how it bounced off that line? Actually, it got only about 5.00 points from it and then rallied off it. Fred posted that very fork on this thread. You're right. We could have some set back because of those three intersecting lines, but only for a brief while, then if we pop through, it's off to the races again. It seems like you've got the hang of it. If you keep tinkering with the fork, you'll notice a number of other interesting aspects about it. GZ