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Strategies & Market Trends : Befriend the Trend Trading
SPY 689.46-0.9%4:00 PM EST

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To: sean sanders who wrote (24412)3/15/2002 4:06:23 PM
From: sean sanders  Read Replies (1) of 39683
 
a slight ammendment to my comments ...

The day ended with us either sitting still in the desc wedge or just under it. Basically we still have the propensity to head up if for some reason (news) we have a strong day. Outlook now still looks negative for the shorterm thou. The daily and the 60 min candles still dont have much going for them. The 15 min pulled back to what appears to be just below the break out to the downside of this wedge.

Should be 'entertaining' as to how we will end up on monday. The last 30 mins could have been some shorts covering their buts as we ride into next week.

Sean
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