P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who wrote (12008)	10/23/2002 6:40:21 PM
From: ajtj99	Read Replies (1) of 30712

The 1342-1350 area not only intersects a falling resistance line, it is a multiple fib point off many of the major pivot highs. We need to see how this handles that area, and then we need to see how it handles the re-trace from that area. I haven't been watching the volume much, but it appears today's volume was a bit better than recent volume. One sign that momentum may be slowing is the lower low we made today in addition to the higher high. I believe that's the first lower low we've made since the middle of the month.

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