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Here is a 30 minute study using the data back to July, 1993.
The bullish projection was "blownoff" real quickly.
The bearish projection may have a bit to run. Time wise about
90 minutes in the morning?? and price wise about 7 OEX points.
Given that, if achieved, then it looks like about a 15 point
OEX runup over a couple of days. A better vision can be had
when the turn actually is confirmed.
Clyde
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: <clydelee@xxxxxxx>
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