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Commentary for 1/19/2000:
S&P-Opened at 1460.0 very close to S2 of 1461.6 which would have been a buy
and exit at close just below R1 of 1473,4.
Nasdaq-Opened at 3770 too close to S1 to ignore and a buy as it moved to R1
exit 3841.
Very streaky past few days both on the positive,no trade and losing aspects.
>S&P
>
>Level 3 R 1486.8..........S 1458.0
>
>Level 2 R 1480.3..........S 1464.7
>
>Level 1 R 1476.4..........S 1468.6 All Levels seem appropriate to
trade per prior Rules.
>
>Nasdaq
>
>Level 3 R 3968............S 3732
>
>Level 2 R 3914............S 3785
>
>Level 1 R 3882............S 3818
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