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> SPX - OUTLOOK, This weeks trading range
mss
post Jan 23 2008, 08:50 PM
Post #1


I'M THINKING


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QUOTE (mss @ Jan 21 2008, 05:19 PM) *
I going to weigh in here with a "crumb" of thoughts. If we are not in the start of a Bear market, then we are in one hell of a correction in a Bull market. Quick suggestion as to SPX range - in steps - UP 1340, 1391, DOWN 1285, 1246, 1180 and there is a far off suggestion of 1116. Just something to think about. cool.gif


The S&P closed on Friday at 1335 and for this week I consider that the rotation point for the price range quoted above. The HRZ lines are self explanatory and the next two days are very important.



mss

This post has been edited by mss: Jan 23 2008, 08:53 PM


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