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Strategies & Market Trends : John Pitera's Market Laboratory

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To: GROUND ZERO™ who wrote (2183)6/14/2000 9:40:00 AM
From: Chip McVickar  Read Replies (1) of 33421
 
Morning GZ,

My eye suggests the cash market could be putting in a 9 day sell wiggle..?
But the market must print 1477.28 today, which seems likely. The inside day high off the peak. Whatcha Think..?

The "M" resistance line (April) is at about 1485 SPX.
This area could be big trouble...!

Just to another surprise peek into market psychology.<smile>

Chip

Edit: I'm wrong about the 2nd day close.... No wiggle!
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