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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (7477)	10/29/1998 8:15:00 AM
From: Jerry Olson	Read Replies (1) of 44573

Morning Pat I just looked at the OEX & SPX on P&F Charts... The OEX just broke a double bottom at 520 yesterday...however 520 is major support... it needs to print 526 for a 3 box reversal up, to have the momentum change pos...there's res. at 532...536 would be a BSB(Blue Sky Breakout)<g>... SPX--big support at 1055 needs to hit 1075 for a 3 box reversal up... lots of intraday churning right now in a tight range for both indexes...1100 looks to be Big Time resistance.... stil long AOL--have not started the e-mini just yet...studying first and probably will paper trade for awhile... TT owes me big on the Internuts.....:>}

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