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Strategies & Market Trends : Complacency Indexes
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To: TechTrader42 who wrote (1082)4/28/2002 7:20:54 PM
From: ajtj99  Read Replies (1) of 1487
 
Brooke, I did see how they painted the close on the SPX and let it drop A/H. That's OK with me, as I didn't really want to see the SPX drop below 1074 without double bottoming first on a re-test. That makes it much clearer the next trip down that level will be obliterated.

I don't have an SPX chart in front of me, but I wonder what level would be a decent test of the Sept. lows? Around 1000 SPX I'm assuming.
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