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To: steve from ihub who wrote (2618)2/17/2003 3:16:49 PM
From: LTK007  Read Replies (1) | Respond to of 11447
 
here is SPX weekly chart showing how important 200ma is in terms of trading range.
ttrader.com
If we (that is if we were to pullback below 829 before closing above 849, this trading range will very likely collapse to the downside.On the hand other if were to touch 880 area then 849 becomes a support.Max