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

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To: Louis V. Lambrecht who wrote (44251)	3/22/2001 9:23:35 AM
From: virtualsignal	Read Replies (1) of 44573

LVL, if you consider a downtrend channel as a range? Yes, we keep breaking key supports. Spoos -The next support level is the Sep '98 rally at 1080.40. -Below that level is the bottom of the '98 selloff at 929.00. Dow -Approaching support from the Jul '98 high at 9415 on a reversal-of-polarity basis Nas - Major support at the Jul 21st '98 high at 1500.00. - Currently testing the bottom of the falling channel drawn off the Mar '00 & Aug '00 highs and the May '00 low. The channel offers support today at 1616.00 and falls by 6 points/day. Looks like some are hoping for a pop. Open Interest E-mini S&P S&P E-mini NASDAQ NASDAQ +6080 +10522 +1720 +1190

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