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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: Gersh Avery who wrote (34534)9/29/2001 12:23:10 PM
From: Johnny Canuck  Read Replies (1) of 68202
 
Hi Gersh,

That is a pretty scary chart. Even a pull back to the mid-red tine would constitute a lower low, so the odds would be very good of getting your projection of the SPX visiting the lower red tine. That tine is off the chart right now. What is the down side target of the lower red tine?
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