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

To: mike.com who wrote (27702)3/26/1999 3:03:00 AM
From: Doug R  Read Replies (4) | Respond to of 79296
 
Hi Mike,

As well as warning of the possibility that IATV may be late in the cycle, this is what I said in relation to the price activity;
"Keep an eye on it as it gets to the 7 to 7 3/16 area (most likely 7 3/16)..
At the time of my post I realized that there was a pivotal area to be aware of.
Note that on 3/24 IATV closed at 7 1/8. As it crossed over 7 3/16, it confirmed reversal.

Doug R


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