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Rick
Can this Time day move begin with an massive upside exhaustion move
I was looking at the recent coffee Time day that someone else posted
and it seems that some markets if not most markets start the trend change
with an exhaustion move in the opposing direction.
If so should the Market of the week (sp) also follow this pattern.?
ps Are you getting introverted, your new email arrives in a font so small
that I think im looking at a eye chart :)
Is anyone else having this problem?
al
At 08:28 PM 9/25/97 -0700, Rick Ratchford wrote:
> Greetings Traders! As the tide has turned on the SnP market as we
>near our 9/26 Fdate turn day (amongst others of course), it becomes
>necessary to solve for potential support prices that may bring a temporary
>short term halt to this declining market. While it was going up, we assume
>a top and prepare to calculate for resistance. As it is moving down, we
>then must solve for support. Unless this market goes absolutely nuts, it
>should continue down tomorrow and provide a bottom on our turn day, or
>Monday 9/29 at the lastest. I've calculated support using the most recent
>past formation information taken from the SnP daily charts and it is now
>up on the website. I've also taken the liberty to provide an example on how
>one might trade this market using the information provided and using an
>intra-day chart example. You will of course find the forecast at the
>usual location at my website. It is rather lengthy to attach here in HTML
>format with .gif graphics. cheers!
>:)
>rick FutureSoft Publishing - The Trading Calculators (TTC)
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