|
PureBytes Links
Trading Reference Links
|
Bull triangle has been broken leaving an unresolved bear flag. We are
now working on a possible descending triangle to complement the bear
flag. I would like to see a break just above the downtrend line to clear
buy stops and provide an entry point with only a couple of ticks of
risk.
Earl
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, June 05, 2000 7:08 AM
Subject: [RT] Re: Bonds
> Have been watching the intraday chart (5/10 minute) since the open and
> it is displaying a most interesting combination of an ascending
triangle
> (bullish) and a bear flag (25% retracement). I suspect that the bear
> flag will win, however the market will tell us in due course. In any
> event, there should be a nice trade out: a day trade to long side or a
> position trade to downside.
>
> Earl
Attachment Converted: "f:\eudora\attach\USM_051.gif"
|