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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (17443)6/8/2001 5:40:03 PM
From: ajtj99  Read Replies (1) of 30051
 
Zeev, I thought for sure after two visits to the sub 2210 range we'd punch through it again, but it just means that it happens Monday instead of today. I think we may bounce and stay above 2180 Monday, possibly bumping up against 2004 after hitting 2180. Tuesday and Wednesday should be down days, with a re-test of the 2050-2100 possibly happening Wednesday, IMO. I'm thinking we might not get to 2052 yet next week, instead bouncing near the 2078 level again. That could take us possibly back up to 2150-2180 level by expiration on Friday.
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