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Here are the SP charts, mentioned in the previous post (RX is day session
only).
The daily is consistent with what I see on my Ensign DOS system (note 5
waves in??) as is the 60min with the late lows today were right on the TL
line. This (60min) is normally a breakout and test of the previous
resistance line. If it breaks . . . . opps?
Like I said with bonds and SP at important points . . a possible inflection
point for both?
don ewers
----- Original Message -----
From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
To: "Real Traders" <realtraders@xxxxxxxxxxx>
Sent: Wednesday, January 17, 2001 4:53 PM
Subject: [RT] SP/ Bonds
> I already posted bonds are at a point which the next direction may be
> important, but I also find it interesting that the SP is giving off
similar
> shadow?
>
> Draw a Trendline on the daily using the 9-4 high 1579.90 and the 11-6 high
> 1470.00 (day session only). We tagged that line.11-8, 12-11, 12-13, 1-17
> (today).
> Also on a 60min drawing a Trendline from 12-11 high to 12-13 high (and
> ignoring the 12:30 high on 1-3) notice the tags, numerous times 1-3, 1-12
at
> 11:30, 1-16 at 3:15. We gapped above and come down twice today and based
on
> the trendline the last two hours today.
>
> So SP's at an important point and Bonds potentially. . . . hmmmm
> don ewers
>
>
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Attachment:
Description: "RX01H60min11701.gif"
Attachment:
Description: "RX01Hday11701.gif"
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