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<DIV><FONT color=#000000>Markets tested and held support last week with no
significant violation of major support. AIQ gave two sell signals last
week. The first was a 97-3 and 3 days later (Friday) gave a 98-2 Buy
signal. WAL (79-21) and US (88-12) were both bullish. Up until mid
3Q/97 this was a dynamite combination. Will it continue? Who knows
but lets look at what the markets are showing elsewhere.</FONT></DIV>
<DIV><FONT color=#000000></FONT> </DIV>
<DIV><FONT color=#000000>Hong Kong is Deeply Oversold. RSI(14day) is
showing a positive divergence. As market dropped lower, RSI did not drop
as low as the previous price low. Asia markets have dictated direction of
US markets over the past months. Monday showed rallies in all ASIA markets
so Tuesday should be a up day. We should consider we are still in a
non-trending market and moving sideways until we go back up to the old highs and
either fail or take out the top range numbers.</FONT></DIV>
<DIV><FONT color=#000000></FONT> </DIV>
<DIV><FONT color=#000000>My bet is that we have seen the TEMPORARY lows in the
ASIA markets for now and the US markets go up. Time will
tell.</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Mon Jan 19 22:48:57 1998
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Date: Mon, 19 Jan 1998 21:22:18 -0600
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From: "Steve Schnake" <schnake1@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: GEN: Futures
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Status:
When I forget or get confused, I check the CME website. They publish the
hours on the Globex sessions, in addition to the day sessions.
Steve
----------
> From: Patrick Slevin <pslevin@xxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: GEN: Futures
> Date: Monday, January 19, 1998 10:12 AM
>
> No. Globex S&P stops trading at 8 AM CT.
>
> I don't remember when it starts again, I think 3:30 PM CT Monday thru
> Thursday and 6(?) PM Sunday.
>
> --PJS
>
> Steven C. Walker wrote:
> >
> > RealTraders:
> >
> > It has been pointed out here that the S&P futures lead the cash market.
I
> > don't trade futures but during the NYSE off hours I often check this
> > address to see what's going on www.cme.com/cgi-bin/gflash.cgi
> >
> > Problem is I don't understand the trading hours of the Globex. Are the
> > futures prices quoted at the above address good durning the NYSE
> > trading day?
> >
> > I am paper trading a mechanical system that triggers on movement in the
> > futures market. I want to find an internet address for futures price
even
> > if it is delayed.
> >
> > Thanks....Steve
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