Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 695.59

+0.4%

4:00 PM EST

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To: Return to Sender who wrote (33002)	6/22/2001 11:08:01 AM
From: Johnny Canuck	Read Replies (1) of 70097

SOX is on the verge on an overbought sell signal. Somthing is up though as the SOX was able to shrug off the bad BTB number. The morning counter rally is starting now (pulling back). If the SOX and COMPX can break though the high from earlier in the session, it should continue for a while provide we do don't close below 2040 on the COMPX and 600 on the SOX.

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