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Technical Market Action Cantinue to. like the teclmical actian af the market and believe the n6xt mave af lIill be on the upside. For the past fev/ days, valur.tf, nes beer. bolaw the Ir.j L! ian sharn mark and s'll- ing pressure appf'crs to be lift'ng. The c.l.csi.l!g pric0s of the in- dustrials hr.v8 hld Vii .hin a ran;e af tllDCl o'vo Joints far the last seven tretding days e-cron tloough the na.r'cet bus h,A wide int.ra-day swings. Thi s bOicKing fill ir.g b.l'; las 11., v''der baee farma. tians af Vlhich there 'l.re now en increasjng nt'mber. When the 11.1 move \'fill start is open to question, but the fact thE'. t the aVE'r!f,s have dEc.in ';!d fer se7en out of the last eight trading days to the that et tl'rn nojght h, qui.te near. Also the fae t t, en ' t.'1C u ve.rages l',d G. eliVG-rgecl t, c10s1ng with the rC1.ils gc..ini!lg 88 CB!lt.S v.'hlle the industrirls lost 69 cents, may turn out to. oe tnlHsh development. This type of action often precedes a change of orondo Continue to. like the teclmical patterns of the indtvidual issues recently mentioned. of these stocks have built up able base patterns and,in most instances, are quite close to. upside breakouts. October 24r 1946 EDMUND VI. TABELL SHIELDS & COMPANY Clasing Industrials DaVl-J'Jlles Rails Dal'l-J ones 65-Stock 169.98 47.93 61.48 The opini…, upreued i.. thi.. I.M., are the personal interpretation of cham -by Edmund W. label! and ar. not presented .s the opinion. of Shields & Company.