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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 (24707)1/16/2003 11:13:48 PM
From: jjstingray  Read Replies (2) | Respond to of 30712
 
I could see a bounce at 1040. I posted a version of this chart earlier, maybe we get our 4 up on that bounce and then down for a 5th. Just a thought.

stockcharts.com[w,a]ehclyyay[d20][pf][vc60][ilb14!la12,26,9!lg!lp14,3,3!lk14!lah12,26,9!ll14][j9485024,y]&listNum=1



To: Jeffrey S. Lillie who wrote (24707)1/17/2003 3:16:53 AM
From: LTK007  Respond to of 30712
 
SPX should have its reversal anywhere between 908-910.
that is it is not only its' last low but it is at the 50% Fib retrace from 869.45, also.
Using my Realtime IQCharts we are now a D+/D- crossing on DMI/ADX. D+is 17 and D-18 and 5/5 sto(at 55) has crossed below 10/10 sto(at 61)on daily. So a dip buying rush is not a gurantee but 60-min is flashing oversold says it should happen, but Daily has more downside ahead,imo. A retreat to 12/31 still quite possible in the neaest term. Watch the AVs on SPX and in case of VIX, DBs on it's daily.Max p.s. SPX futures at 3:15am EST be -5.4(911.40) and just up ticked to -4.50(912) so anything possible come post 8:30am.