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Attached is a chart showing another perspective on this morning's bond
set-up.
Notice how well the 5 minute 20 period EMA is able to contain price.
Also, Momentum Confirmation accompanying the drive to the 95-10 intraday
swing pivot high implies further upside.
Commentary for today's T-Bond trading can be found at
http://www.patterntrapper.com/7217237A.shtml
Bob Hunt
E-Mail: RHunt@xxxxxxxxxxxxxxxxxx
Web Site: http://www.PatternTrapper.com
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Earl Adamy wrote:
>
> Here's a look inside the bull flag using a 10 minute chart. Note the
> bullish wedge formation as documented in PPS Trading System by Curtis
> Arnold. The heavy red line is the entry stop and the sloping red line is
> the PPS stop. Formations like this frequently occur just under strong
> resistance(support) such as the 95-0 area which can be seen at the very
> top of the GIF.
>
> Earl
>
> ----- Original Message -----
> From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, May 26, 2000 8:11 AM
> Subject: [RT] Bull flag setup
>
> > Attached is GIF of a nice bull flag setup on 30 minute bond chart.
> Note
> > that retracement is limited to 25%.
> >
> > Earl
> >
>
> ------------------------------------------------------------------------
> Name: USM_10.gif
> USM_10.gif Type: GIF Image (image/gif)
> Encoding: base64
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