Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 662.72

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To: c.j. who wrote (16023)	5/14/1998 11:49:00 AM
From: j g cordes	Read Replies (1) of 68116

Just a TA read cj. The gap fills to 9 (which we did today), then it backs off to support at the top of its most recent trading channel, then we reclaim the gap to nine and launch the last assault to the left and right shoulder of the last highs which is around 12. At that point most of the power of the buying is spent. Just a TA call so be your own good trading guide.

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