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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: peter n matzke who wrote (25398)	6/17/1999 2:21:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Thanks Peter Now that the SPX has finally broken the 1333-34 area it will become a base and there is very little median line activity above this area. Only around 1342± and 1350± The major fork off 3/3 low - median line is at 1362± - Upper tine is at 1416spx My target for this move is 1362±, but 1342 and 1350 will cause problems. [after each day these numbers increase] 6/2 low is another fork in action with its upper tine at 1370± this is another target and an place to look for a pull back..... I have a new calculation from Connie Brown's book that expects 1396.77 to be printed......but this projection method is new to me and I have no confidence in it yet.