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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject6/20/2001 4:47:02 AM
From: helius  Read Replies (1) of 37746
 
Wednesday down AM - up PM into Thursday
Nasdaq : Same as Monday AM tiger Wood rally, Tuesday gapped right up at open on Oracle to 2056 and ended +4 at 1992.66. Wednesday will be reverse of Monday & Tuesday. Drop AM to 1961-1945 level and bounce back later to 2007-2020 on extreme oversold conditions. Top is capped Wednesday at 2041 as was capped at 2077 Monday & 2067 Tuesday. Alternate scenario will be to continue to drop 1930-1923. Dow has support at 10560/10444 and resistance at 10650 S&P has support at 1200 & resistance at 1223.
eufinancial.com
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