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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 684.45+0.1%4:00 PM EST

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To: d. alexander who wrote (22568)8/5/1999 11:47:00 AM
From: Clint E.  Read Replies (1) of 68600
 
Those spike-lows are very powerful and always happen at the end of a correction. Now, I am not saying that we won't see today's lows until next earnings season but I do say that if tomorrow's data is neutral or even mildly negative, today's lows would hold and that all major markets(not necessarily all stocks) have established the bottom of their trading range that they've been desperately looking to establish in the last two weeks..........what a long statement!!

Good luck with COVD.

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