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


To: bobby beara who wrote (39778)2/11/2000 1:24:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
bobby beara: there is a lot of lateral support in the area around 2400

There is a little price action (three hours) around 2400 on Oct 13/14, 1998. It "was" an intraday pivot point at the time. I suspect the bigger influence would just be the stochastic readings....oversold!

I suspect the greater supportive price action area will be the major pivot point on Oct 8, 1998...<g>

Regards,
LG



To: bobby beara who wrote (39778)2/11/2000 2:40:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 99985
 
BB, were is your support on the SPX, and NAZ

We may have an bearish engulfing patern today.

Haim