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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (3514)1/3/2000 1:33:00 PM
From: Chip McVickar  Respond to of 11513
 
Arik,

There was a SPX Daily TP Due on 12/30 and another tomorrow.

Last big volume days for the DJIA were back around the 20th Dec. Today's volume does not appear out of context, nor any where near these recent big days. Thanks for bringing that up.

There is major resistance here at 1460ñ on the futures, but not on the cash day chart. If this area holds today the markets should head back up for a short period. But as GZ has pointed out these Outside Reversals coming within the correct time frame can be strong.

Chip



To: Arik T.G. who wrote (3514)1/3/2000 1:51:00 PM
From: Bull RidaH  Respond to of 11513
 
Arik,

We'd have to close lower tomorrow for it to amount to more than a hill of beans. Put on your cowboy hat and spurs and les ride!!

David


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