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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: bobby beara who wrote (39778)2/11/2000 1:24:00 PM
From: HairBall  Read Replies (1) of 99985
 
bobby beara: there is a lot of lateral support in the area around 2400

There is a little price action (three hours) around 2400 on Oct 13/14, 1998. It "was" an intraday pivot point at the time. I suspect the bigger influence would just be the stochastic readings....oversold!

I suspect the greater supportive price action area will be the major pivot point on Oct 8, 1998...<g>

Regards,
LG
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