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For the SPX this pitchfork tool is looking at 1115 and 1120 for a reversal,
and an outside chance at 1140 on the next fork medianline above
those...subject to the daily "weather reports".
bobr
----- Original Message -----
From: "cnedgo" <cnedgo@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, May 19, 2002 1:22 PM
Subject: [RT] Re: SP INDEX - Where to per Gann Channel/S&R Lines
> I neglected to mention it in my earlier message but I'm showing
> resistance for the cash SPX at 1108.6 which appears to be in the right
> range for an overhead resistance level given that the close on Friday
> was at 1106.6.
>
> Ned
> --- In realtraders@xxxx, "BobR" <bobrabcd@xxxx> wrote:
> > Am inclined to agree with Ned, but for other reasons. OEX could
> spike to
> > 560(but may only make it to 557-558), INDU to 10489 momentarily and
> then
> > conditions will be sufficiently overbought to jutify some selling
> into a
> > post expiration period.
> >
> > bobr
> >
> > ----- Original Message -----
> > From: "cnedgo" <cnedgo@xxxx>
> > To: <realtraders@xxxx>
> > Sent: Sunday, May 19, 2002 10:38 AM
> > Subject: [RT] Re: SP INDEX - Where to per Gann Channel/S&R Lines
> >
> >
> > > Clyde - FWIW, my signal generation system is showing a short term
> > > high pivot volatility reversal alert for the SPX for the first
> part of
> > > next week.
> > >
> > > Best regards
> > >
> > > Ned Markson
> > >
> > > --- In realtraders@xxxx, Clyde Lee <clydelee@xxxx> wrote:
> > > > A bit of a possible bullish move exists.
> > > >
> > > > Note, the last pivot is a "forced" pivot and care should be
> > > > taken should prices fall below the channel lines.
> > > >
> > > > Clyde
> > > >
> > > >
> > > > - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> > > > Clyde Lee Chairman/CEO (Home of SwingMachine)
> > > > SYTECH Corporation email: clydelee@xxxx
> > > > 7910 Westglen, Suite 105 Office: (713) 783-9540
> > > > Houston, TX 77063 Fax: (713) 783-1092
> > > > Details at: www.theswingmachine.com
> > > > - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> > >
> > >
> > >
> > > To unsubscribe from this group, send an email to:
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> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
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> > >
> > >
>
>
>
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>
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