|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type>
<META content='"MSHTML 4.72.3511.1300"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000 size=2>S&P'S IN STATE OF VIBRATION 105.50 UP AND 82
POINTS DOWN</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>I have noticed an interesting formation on the
Daily S&P's June contract. If you take the bottom on March 3rd and draw a
line to the top on March 19th you get a move of 108. points. The subsequent
decline was 70 points. Where will the next top occur? Add 108 points to the
March 24th low 1267.00 and you will get a top projected of 1375.00 (MISSED BY
2.5 POINTS). Where will the market decline? Project the last decline of 70
points onto April 12th High and you measure to 1302.50. Today S&P's stopped
only 6.50 off the projected low. Where is the market headed now if today was the
low? Add last advance of 105.50 points to today's low and it projects a high
around 1401.50. Happy trading.</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue Apr 20 19:26:26 1999
Received: from list.listserver.com (198.68.191.15)
by mail07.rapidsite.net (RS ver 1.0.2) with SMTP id 149999
for <neal@xxxxxxxxxxxxx>; Wed, 21 Apr 1999 03:22:57 +0200 (MDT)
Received: from localhost (localhost [127.0.0.1])
by accessone.com (8.8.5/8.8.5/PIH) with SMTP id SAA19762;
Tue, 20 Apr 1999 18:20:43 -0700 (PDT)
Received: from imo15.mx.aol.com (imo15.mx.aol.com [198.81.17.5])
by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id SAA19526
for <Realtraders@xxxxxxxxxxxxxx>; Tue, 20 Apr 1999 18:18:54 -0700 (PDT)
Received: from Comtrade2@xxxxxxx (8069)
by imo15.mx.aol.com (IMOv20) id 3BQBa13190
for <Realtraders@xxxxxxxxxxxxxx>; Tue, 20 Apr 1999 21:16:43 -0400 (EDT)
Message-Id: <5abc2601.244e80f8@xxxxxxx>
Date: Tue, 20 Apr 1999 21:16:40 EDT
Reply-To: Comtrade2@xxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: Comtrade2@xxxxxxx
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: New Divergence Spotted
MIME-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
Content-Transfer-Encoding: 7bit
X-To: Realtraders@xxxxxxxxxxxxxx
X-Mailer: AOL 4.0 for Windows 95 sub 13
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: bbdd98461b29c13250f5d5cc7244ffe6.02
May99 Porkbellies on the daily chart, and on the June Austrailian$ hourly
chart we show a bearish divergence. Also we have a bearish top in the June 99
Dow Futures.
Have a nice evening everyone.
|