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Strategies & Market Trends : The Player's Club
SPY 671.910.0%Nov 14 4:00 PM EST

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To: doug-e-mini who wrote (3636)1/4/2000 1:45:00 PM
From: Chip McVickar  Read Replies (1) of 11513
 
Doug,

You Got It......1408ñ

The market has passed through 2 other median lines to get to this one off 8/10. It bounced up off them and now bounced off 8/10....

Lets see if this holds....
The market usually comes back to test each median line and then takes off where it is pushed. The others went down.

Lets see if a 2nd test holds. Now the other median lines above this one at 8/10 will become resistance points that must be overcome....and usually tested twice if not blown by.

Great Fun

Chip
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