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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (4931)2/9/2000 1:33:00 PM
From: Arik T.G.  Read Replies (2) | Respond to of 5676
 
T+27 today
On the way down (if any), the market first has to cross the following milestones -
Intraday SPX 1420 - the flat neckline of the inverse H&S pattern the market formed from 1/24 to 2/3 (projecting SPX 1490).
Closing SPX 1400 - Violated once end Jan. but hurried to jump back over it.
SPX 1350s - Jan. low. Making a lower low will be a clear sign that there is no intermediate term uptrend.
SPX 1240s - Oct. low. same for the LT uptrend.

ATG