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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Temple Williams who wrote (40439)2/5/2000 7:33:00 PM
From: Matthew L. Jones  Read Replies (1) of 44573
 
I like your site! My read of the S&P's has Monday thru Wednesday up as well.

Friday's low was a Fib retracement of the second leg of the upmove which began last Monday morning and lasted through about 8:45AM Friday morning (shortly after the number was released). Having gotten our Fib retracement, we resume our uptrend for another 30+ points. High estimate 1478, low estimate 1459 before we begin another pullback to catch our breath.

Matt
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