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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 (14668)	2/3/1999 11:12:00 PM
From: nicewatch	Read Replies (1) \| Respond to of 44573

Hi Scott, For that most recent down fork to be relevant (vaguely similar to the most recent down fork I drew on the SPX charts), the market would have to start going down right away, as the high today was at the upper tine of both forks. It wouldn't take much of a rally to invalidate those forks, IMO, unless of course the market rolls over and DOWN from here. Although a few things I follow are wavering between buy/sell signals... most stuff is still positive... FWIW, BWDIK. talk to you later Regards, Frank