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

To: Brian Hornby who wrote (9469)12/4/1998 9:53:00 AM
From: SE  Respond to of 44573
 
I just changed my tune. I was thinking slam dunk short in the mid-70's and that may be the case, but only short term. The longer term charts have a bullish divergence on MACD on the 5 through 30 minute bars at the lows in the 50's.

I will be looking to get long....

-Scott



To: Brian Hornby who wrote (9469)12/4/1998 10:20:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
Yesterday there appeared to be 3 pivots, the 72 area, the 68 and the 64/5.

I was immediately struck with the odd coincidence that the low has been 63, it stopped just above 72 at 73 and now it's back in the 64 range.

Essentially, it's yesterday all over again, so my plan is to short until the afternoon.

What the heck, it worked yesterday.


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