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Strategies & Market Trends : The Player's Club
SPY 683.63-0.3%Dec 8 4:00 PM EST
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To: Arik T.G. who wrote (3514)1/3/2000 1:33:00 PM
From: Chip McVickar   of 11513
 
Arik,

There was a SPX Daily TP Due on 12/30 and another tomorrow.

Last big volume days for the DJIA were back around the 20th Dec. Today's volume does not appear out of context, nor any where near these recent big days. Thanks for bringing that up.

There is major resistance here at 1460ñ on the futures, but not on the cash day chart. If this area holds today the markets should head back up for a short period. But as GZ has pointed out these Outside Reversals coming within the correct time frame can be strong.

Chip
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