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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Alski who wrote (26621)2/22/1999 3:22:00 AM
From: Doug R  Read Replies (2) | Respond to of 79230
 
Alski!!

VERY NICE JOB spotting MACR...where were you in October???? Excellent chart! You can see how the MIMBO formation responds to the broader market perfectly in the recent consolidation. Excellent trend line stuff on it. It'll continue as soon as the market makes up its mind. The technical target is 63, yes.

BTW, the market is approaching that panic buying threshold on the 13 dRSI. It's not there yet but the technicals on it look pretty decent. Especially the MACD when you consider what the 233, 21, 34 has been doing lately.

Doug R