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Lee - neat conclusion. I discovered that last night as I was
looking at the DGL and EP charts. If
we take a look at yesterday's chart , it is clear that SPX is
headed for the DGL Level 3 resistance line that shows in
the near proximity of where SPX closed today. If this index
closes at or over this line of resistance it will have
reached 1178 or better. Drawing the natural line of resistance
formed by the previous two tops we find that it
intersects the DGL L3 line of resistance at 1185 and 3/15/02, a
Friday. As it turns out there is a level 3 EP on
the following Monday, the 18th. Chart at
http://users.rcn.com/x1432/data/snp0306.gif
Ned Markson
http://users.rcn.com/x1432/
--- In realtraders@xxxx, "Lee Morris" <LMorris@xxxx> wrote:
> One issue I have with what I just said is that I just realized
that w5 of w3
> will not equal w1 of w3 until 1185 so we may have a bit more on
the upside.
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