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

To: Clay M who wrote (15855)	2/18/1999 11:21:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

If it gets there: The SPX market will pause at 1237± - spoo 1240± for this middle tine. Being a 1 day tine it has some strength. If the pause occurs here and is near the 12:00 t-proj wait for the T-proj. It might be a top....take this signal and look for other indicators for topping activity...your choice. Sometimes these pauses at M-tines will fall away and then return to go higher. I set close stops if the market does not take the Bite. If it does let it run and watch for a turn.