Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 472.22

-1.3%

Nov 21 9:30 AM EST

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To: Susan G who wrote (16205)	4/23/2002 2:52:03 AM
From: milesofstyles	Read Replies (1) of 26752

i'd agree with the spx thoughts i updated the market commentary tonite, came to similar conclusion on spx. with the spx i also mentioned the sixty min and weekly which can be found on intraday2 and intraday3 sections if anyone would like to see those. the 60min actually has the potential to bounce off a downward regression channel top as support here, i'm not holding my breath but its the only positive i could find, lol. 1100 sure looks like the must-hold area to me as well, over the next day or two. the worst thing is on this and the ndx imo was the inability to recover the last "drawable" trendline since sept lows. this leaves us with fibs, local lows and air as support, lol. on the ndx, i went back to the 12-94 lows and connected them to the 7-96 lows, that value is about 1275 this week if 1320 were taken out, below that would be one last fib number, around 1227. all indexes on the page got at least a mention in the commentary. chartwerx.com milesov

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