Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Johnny Canuck who wrote (24927)	1/27/2000 8:16:00 PM
From: d. alexander	Read Replies (1) of 68181

Harry; Thank you :) Snow hereabouts wasn't severe, tho' the airports were shut for a bit. The indices trudged onward. It is cold. I don't know how much AJC's take may have skewed the markets today (will there be a relief rally?), but it looks like the SPX only needs 1 more lower high to confirm an intermediate downtrend. Was also noting the 200dma support nearby for the Dow & SPX. When, gulp, I noticed that the Naz' 200 is a thousand points further down. And the Bollingers are tightening... Dorothy p.s the Utilities optionsource.com

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