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


To: Teresa Lo who wrote (25822)6/23/1999 3:17:00 AM
From: Teresa Lo  Read Replies (1) | Respond to of 44573
 
Technical Update -

The September S&P futures tested the 1365 level for the third time in two days on an intraday basis and was unable to break through to the upside. At the intraday high of 1365 it formed a Trader Vic 2B top, the second in two days, could not gain any momentum to the upside and proceeded to sell off and test the first level of support in the 1350 area.

Resistance overhead is at 1368.50 and 1392-1394. Support is at 1340 1337, 1320, 1300.50 and 1290.50.

Charts related to these comments have been posted to intelligentspeculator.com