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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey S. Lillie who wrote (17828)12/2/2002 5:44:11 AM
From: nsumir81  Respond to of 30712
 
Noticed NDX fut have been stuck at 1127-28 and seems that it is the SP (with the DOW) that seem to be doing some catch up.

SP fut at that neckline of 943-944 (Sep 01 lows) but higher than Friday. The intraday high in NDX fut Friday have not been taken out or touched (shy by 2-3 pts) in this morning's session.

Seems to be indicating that the DOW will attempt 9000 and SP to the neckline or beyond to 950, and the NDX will FOLLOW in this leg.

Of course it can change with the 10 am ISM nos.



To: Jeffrey S. Lillie who wrote (17828)12/2/2002 7:44:14 AM
From: ajtj99  Read Replies (2) | Respond to of 30712
 
Yes, they're going for the top of the weekly triangle early on. The intriguing thing is they might now be able to gap above it, as Max suggested, in the next couple of days.