Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 659.00

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To: Johnny Canuck who wrote (38047)	8/19/2002 1:21:23 AM
From: Johnny Canuck	Read Replies (1) of 68177

Next week is a critical week: NDX just shy of 50 day EMA. It need to close above on heavy volume to confirm the move. We can pullback briefly as it is unusual to break through the first time. Support 950/900. 139.142.147.218 Some deal with COMPX. Support 1300/1280/1200. 139.142.147.218 SP500 stall at 50 day EMA. Support 880/840/800. 139.142.147.218 SOX has a ways to go to reach the 50 day EMA. Its weakness does not bode well for a continued rally of the NDX and COMPX. 139.142.147.218 BKX looking to stall at the 50 day EMA. No chart.

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