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I have 1068.70 as the pivot low of the first wave decline. I don't expect it
to be violated, however a significant violation would suggest that the
decline is over. I'm showing a strong cluster of resistance points in range
1047-1053. Weekly work suggests that we need to put in a new low before the
correction will be completed.
Earl
-----Original Message-----
From: Proffittak@xxxxxxx <Proffittak@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, September 15, 1998 5:17 AM
Subject: sp500
>good morning
>
>short term overbought
>mkt will visit today or tomorow 1035 and maybe intra day even fill gap
>
>but by fri will visit (at least intra day) 1062-1065 sp dec
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