AJTJ99 Message Board - Msg: 17215186

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Strategies & Market Trends : AJTJ99

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To: TREND1 who started this subject	3/18/2002 10:27:12 PM
From: ajtj99	of 11

For Tuesday, March 19 COMP resistance is at 1881. A rise above that level could go to the 1900 level provided the rising support line is not breached. If 1881 caps a rise, the falling resistance line from the pivot high at 1947 through 1893 should contain the action. Rising support from the pivot low on Feb. 22 coming into play, and a triangle from about 1865-1875 could be in play at the time of the Fed release at 2:15PM (I assume that's the time). A breach of the lower support of this triangle should bring a test of 1841 and possibly 1830 and 1821 below. From memory, the 4th move after the Fed is the real one. Watch the whipsaws.

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