The current downtrend channel bisects 1409 Monday 8/13 (my ideal cycle low) at the long term rising tend line from March 2003 low. I would expect a minimum test of that line and if we hold, a strong bounce into the day after OPEX, August 20, possibly back above 1500.
1408.90 SPX Line in Sand
Started by
blustar
, Aug 09 2007 02:23 PM
1 reply to this topic
