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

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To: Chip McVickar who wrote (13311)1/21/1999 3:13:00 PM
From: Stoctrash  Read Replies (2) of 44573
 
Chip...I'm looking at a 60min SPX chart with a Fork starting on the 1/4 low. Lower tine right now is ~1245. A bounce from here would setup a move IMO back to 1276 -1287 given the pattern we have been building inside this current fork. Of course....plans could change <gg>

BTW...the Naz & Comp bounced right off the Pstops today.
The SPX Pstop is 1239...so it is trying to bounce also.
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