MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.07

-1.7%

Nov 13 4:00 PM EST

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To: Smooth Drive who wrote (6367)	2/15/1999 10:05:00 PM
From: HairBall	Read Replies (1) of 99985

Eric Stevens: Well, I always appreciate input from the P&F folks on this thread. As, I prefer and think it important for a variety of specialized techniques/styles to post. After looking at your DJIU read, I looked at my own chart and looked for the next levels of support for the UTIL (DJIU). Looking for support under Friday's close, I do see and would normally call the range for the price action support. But if I had to call the exact numbers, using my own analysis techniques, the first two would be first 278.89 and second 270.57. Seems fairly close to yours, don't you think...<g> EDIT: By the way...the next level above those two would have been in the 290 area as well... Regards, LG

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