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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 674.96+0.9%Nov 25 4:00 PM EST
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To: d. alexander who wrote (25029)2/3/2000 2:29:00 AM
From: Johnny Canuck  Read Replies (1) of 68294
 
Dorothy,

So we went from 58 to 50 in the span of 3 days? This may be a little too much to fast. I agree with Suresh's appraisal of the feel of indecision on the COMPX. Looking at the range today, we had a spinning top (open and close nearly the same). But, we are also sitting just above the 20 day EMA which should provide support (4011).

Upper BB 4276.
Lower BB 3767
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