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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: chartseer who wrote (11557)12/16/1998 11:01:00 AM
From: Bwe  Read Replies (3) | Respond to of 34808
 
NYSEBP and OptionableBP both reversed into O's. NYSE now Bull Correction and OptionableBP now Bear Alert. 18 changes in the Broad Industry Group Bullish %'s, all down.

Be careful out there.

Bruce



To: chartseer who wrote (11557)12/16/1998 11:10:00 AM
From: Bwe  Read Replies (1) | Respond to of 34808
 
Chase Manhattan (CMB) currently forming a Bullish Shakeout Reversal. This pattern shakes out the "weak hands" with the Double Top at $66 and subsequent sell signal at $60. Need a 3 box reversal to complete the pattern and with the last chart notation at $59, $62 would do the trick. Support at $58 (bsl), $57 (STUL). The RS is bullish and in X's. Also trading above BSL.

Take care,
Bruce


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