Systems, Strategies and Resources for Trading Futures Message Board

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

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To: SE who wrote (17799)	3/5/1999 1:29:00 PM
From: Bull RidaH	Read Replies (2) of 44573

Scottie Moonshot, My highest probability read at the moment says we don't take out last week's highs in the S&P cash (1283.91 SPX) or NYSE (603.10)for the forseeable future. Instead, we establish a s-t trading range of 1245 to 1283 for the next couple weeks. We should break down out of this trading range shortly after March option expiration, and find a bottom just after April option expiration, with that bottom target still around 1015 SPX. We Should test the lower bounds of this current trading range on Tuesday morning, with a s-t high coming in at any moment. Regards, BK

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