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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: Edwarda who wrote (4905)6/1/2000 12:05:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
I think short term it's overextended, but over a period of a few days to a week it has a lot of SPX upside.

On a PnF Chart, looking at 30 minutes, it's sort of like a wavy pennant. I would like it to hold a bit and base so an upmove would have more support.

Best guess.