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Re: [RT] WEEKEND INDEX REPORT



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Hello John,

thanks twice!  http://www.online2.org/lessons/email-dummies.html


JC> FROM THE ANALYSTS DESK AND CONGRATULATIONSTO BEN FOR SOME GREAT POSTS:


JC> WEEKEND INDEX REPORT

JC> $COMPX -THE SHORT TERM CHART & THE LONG TERM CHART ARE COMPRESSING 
JC> INTO EACH OTHER!!! THIS W FORMATION IS COILED AND SHOULD END WITHIN 
JC> THE NEXT 1-10 TO 1-20 TRADING DAYS!!! THE SHORT TERM CHART RUNS FROM 
JC> $1,820-$1,885 WITH ITS APEX IN 10 TRADING DAYS AT $1,850!!! THE LONG 
JC> TERM CHART RUNS FROM $1,750-$1,900 WITH ITS APEX IN 20 TRADING DAYS 
JC> AT $1,825!!! A MOVE INTO THE BASE WOULD BE POSITIVE & BELOW THE BASE 
JC> WOULD BE NEGATIVE!!! THE TOP OF THE WEDGE WOULD BE NEGATIVE & A MOVE 
JC> THRU THE TOP WOULD BE VERY POSITIVE!!! IF THE OVER HEAD IS TAKEN OUT 
JC> THIS SHOULD NOT MOVE BELOW $1,825 !!! YOU CAN EXPECT THIS TO SHOW ITS 
JC> HAND SHORTLY!!!

JC> $OEX -THIS CROSS TREND SHOULD SHOW ITS HAND OVER THE NEXT 20 TRADING 
JC> DAYS!!! A MOVE OVER $590 WOULD BE POSITIVE WITH MOST WATCHING $600!!! 
JC> A MOVE UNDER $560 WOULD BE NEGATIVE WITH MOST WATCHING $545!!! THE 1 
JC> YR CHART SHOWS THE WEDGE CLEARLY WITH THE DOWN LINE RUNNING FROM $678-
JC> $595!!! THE BASE LINE RUNS FROM $480-$545 ONCE THE DOWN LINE 
JC> &BASELINE IS DRAWN IN AND EXTENDED YOU SHOULD HAVE THE APEX LOCKED 
JC> IN!!!

JC> $INDU -A HIGHER HIGH AND LOWER CLOSE THEN WED PUTS A NEGATIVE TONE ON 
JC> THIS INDEX!!! IF $10,350 IS BROKEN THIS MUST HOLD $10,250 FOR THE UP 
JC> LINE TO STAY IN FORCE!!! A MOVE THRU $10,525 SHOULD SET THIS UP FOR A 
JC> TEST OF THE OVER HEAD AT $10,700 WITH THE PIVOT POINT AT OVER 
JC> $10,800 !!!

JC> $QQQ -UNDER $35.30 NEGATIVE WITH A MUST HOLD AT $33!!! POSITIVE OVER 
JC> $36.50 WITH BREAK POINTS AT OVER $37 $38 & $40!!! WE WOULD EXPECT 
JC> THIS TO SHOW ITS HAND WITHIN 1-12 TRADING DAYS!!!  

JC> Sincerely,

JC> John






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-- 
Best regards,
 TheQuant                            


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