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

To: nicewatch who wrote (16255)	2/21/1999 6:34:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 44573

Frank thanks for the update...so you read TD's book huh... now here's the very same chart from the DWA site...notice the resisitance at 1250..it would take 1255 to break the chart out...00 Index SPX (02/19/99) 1239.16 Sector: (Risk: ) Stock Mom: Neg RS = Sell, / / ; column = s - Trend Chart Broke a Double Bottom on 02/05/99 Other Scales 10 Box Size 20 Box Size Another 11/26/98 1295 \| 1290 \| 1285 \| 1280 \| X 1275-----------------------------------+-X ------X O X ------------------------ 1270 \| X O X X O X O 1265 \| X O X O X 2 X O 1260 \| X O X O X O X O 1255 \| X O X O X O X O 1250-----------------------------------+-X O X O X O --O X --X ---------------- 1245 \| X O X O X O X O X O X 1240 X \| X O X O X O X O X O X 1235 X O X O X O X O X O X O X 1230 X O X O X O X O X O O X 1225---------------------------------X O X O X O X ----O X ----O ---------- Med 1220 X 1 O X O O X 1215 X \| O X O 1210 X X \| O 1205 X O X \| 1200-----------------------------X O X \| -------------------------------------- 1195 X O \| 1190 X X X \| 1185 X O X O X \| 1180 X O X O X \| 1175-----------------X O X --X O X ----+--------------------------------------- 1170 X O X O X O X \| 1165 X O X O X O X \| 1160 X C X O X O X \| 1155 X O O O X \| 1150-------------X --X --------O X ----+--------------------------------------- 1145 X O X O X \| 1140 X X O X O \| 1135 X O X O \| 1130 X O X \| 1125---------X O X --------------------+--------------------------------------- 1120 X O \| 1115 X \| 1110 X \| 1105 B \| 1100---------X ------------------------+----------------------------------- Bot 1095 X \| 1090 \| 1085 9 \| 9 * 1080 X X O X 8 +-9 While we make every effort to be free of errors on these charts, they are derived from data from other sources. We believe these sources to be reliable but we cannot guarantee their accuracy. Copyright © 1995-1999 Dorsey, Wright & Associates, Inc. Disclai