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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: nicewatch who wrote (39123)3/29/1999 5:52:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 94695
 
Frank,

Interday high for SPX was 1311.80
That is very close to these 2 Upper tines and The median cross...

The market should either be repelled from here or make a morning shot
to get above 1315...Globex will tell a lot tonight

Volume would need to be stronge and the market must settle above 1315.
Any weakness here....should send it down to 1280±
Pretty good guess?
Chip