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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: robnhood who wrote (17893)9/13/2000 9:17:05 AM
From: AllansAlias   of 436258
 
Don't remember if we have mentioned it, but OEX has failed its s-t TL support on the daily as of yesterday that goes back to May lows and was tested twice in Jul/Aug.

There is other stuff under it, but the next rising TL's underneath price is Oct/98 -> May/00 (pointing to ~791 and rising), then Oct/99 -> May/00 (pointing to ~770 and rising).

Yes, tech forced the break, but it's not as if one can now point to OEX and say, "Well, the mixed basket is looking strong this morning."
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