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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	9/21/2000 8:42:51 AM
From: Sharck	Read Replies (1) of 37746

Message 14423122 Market Update: Drew some lines on the SPX. The index is sitting at a couple of critical points. pages.cthome.net And a close up.... pages.cthome.net The RED Trend is the Oct99/Mar00 trend line. Yellow Line (1420) was Resistance for July99 & November99, and then support for July 00 dip. Back further, you can see the 1420 line can be moved from up or down VERY quickly. Purple Line is for reference, the Dec'99 Close. Watching Crude, and the Euro closely. The index looks bound for some extreme volatility, but which way???

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