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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 671.91

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Nov 14 4:00 PM EST

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To: Logain Ablar who wrote (34828)	10/20/2001 1:01:45 PM
From: Johnny Canuck	Read Replies (1) of 67962

Thanks Tim, It looks like there is some support at the 1600 level on the COMPX PnF chart, which was Clint`s target. On the intra-day charts I have the index approaching an oversold area so I currently do not expect a move to 1600, but the action early in the day in Friday was not expected either. Do you have any idea what triggered the rally in the afternoon? On Zeev, I look at this posts from time to time. I have never been able to figure out this cycle model though. His time frames are a interesting dimension.

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