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9/22/98   GENERAL MILLS (GIS)                                                       Points to Watch: (Intraday chart). Island reversal formed, gap filled. Strong resistance at 70. Failed rally attempt occurred after gap filled, stopped at 69 1/2.  RSI falling from overbought reading. ADX has turned down and fallen below 40. OBV in downtrend. Enter short positions on fall below support at 68 3/4. Place stop loss at 69 1/2.  Take profits on fall to support at 66.

 

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