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Commentary for 1/20/2000:
S&P-Opened at 1477.0 and only rose to 1478.4 so would have sold at R1 or
1476.4 and exited at 1468.6 or S1 or if brave held to close of 1457.
Nasdaq-Opened at 3870 and would have sold at R1 or 3882 without being
stopped out and exited at 3818 or S1.
Positive streak now outdoes recent whipsaw.
S&P
Level 3 R 1487.4..........S 1426.6
Level 2 R 1473.6..........S 1440.4
Level 1 R 1465.3..........S 1448.7 All Levels seem appropriate to
trade per prior Rules.
Nasdaq
Level 3 R 3979............S 3775
Level 2 R 3932............S 3822
Level 1 R 3905............S 3849
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