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


To: GROUND ZERO™ who wrote (14633)2/3/1999 3:28:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
GZ
The SPX hung on a lower tine off 2/2 low most of the day and
fading up towards its middle tine

That tine crossed another M-tine off 1/29 at about 2:45 and at 1273-77

We are still there hanging around the tine

Can you give us any fast rule or insight on how markets react to this
fork event......I would expect that it is a setup for reversal with a
tradeable move to the down side.

Any Thoughts here
Thanks
Chip

iqc.com