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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (20837)7/18/2001 1:33:04 PM
From: ajtj99  Read Replies (2) | Respond to of 30051
 
NDX bounced at 1664. I can't attach any significance to that number other than it was a purely random bounce. related to something else. Resistance is somewhere between 1657 and 1669, so maybe it was just in the range.

In edit, it must be that the COMPX caused the bounce from hitting the lower support line off the 7-17 low on the 15-minute chart (I saw Eicher's chart).