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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (15231)	4/30/2004 9:19:43 PM
From: HairBall	Respond to of 207068

SP 500 Chart... My TradeStation SPX (S&P 500 Index) Daily Semi-log Chart The 3/5 Falling Resistance Line held. The 8/03 Rising Channel's support line was tested and slightly breached with today's price action. Next Fib Trading Days Date from the 3/5 pivot high is 5/24 (55 trading days) followed by the 89th trading day on 7/9. A lot of trading day cycle dates from the 2002 Oct low cluster around the 9th of July. Time cycle arcs are 21, 34, 55 and 89 trading days. The 21 trading day cycle, cycles on 7/9 as well. Just some dates to keep an eye on... My intraday MTF Models suggest Monday is a good candidate for a intraday to short-term pivot low, if we did not see one into the close today. Pre market open futures should let us know. Note: Image is a 19 inch screen capture and is fairly large. marketcents.com Regards, LG