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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (35618)9/21/2000 12:05:18 AM
From: BigWave Dave   of 57584
 
Market Update:

Drew some lines on the SPX. The index is sitting at a couple of critical points.

pages.cthome.net
And a close up....
pages.cthome.net

The RED Trend is the Oct99/Mar00 trend line.

Yellow Line (1420) was Resistance for July99 & November99, and then support for July 00 dip. Back further, you can see the 1420 line can be moved from up or down VERY quickly.

Purple Line is for reference, the Dec'99 Close.

Watching Crude, and the Euro closely.

The index looks bound for some extreme volatility, but which way???
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