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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (30941)10/21/1999 11:26:00 AM
From: Doo  Read Replies (2) | Respond to of 99985
 
donald: The formation is a bit easier to see on a 15 minute chart, and cleaner with the volume drying up on the ES9Z at quote.com, FWIW.



To: donald sew who wrote (30941)10/21/1999 11:28:00 AM
From: Terry Whitman  Read Replies (1) | Respond to of 99985
 
Since the Fib levels worked so well on LG's OEX chart, I calculated the retracement levels on the OEX for the morning fall from yesterday's close.

hi - 679.24
low- 665.91

38.2% - OEX 671
61.8% - OEX 674.1

Looks like the 671 level is causing some resistance now.