Hmmm ... further to the above from 21/09/05 the expected breakdown occurred following the repeated failure at 10700.
IMHO we are witnessing the battle for the major trendline at 10200 which saw no less than 200 point range last night and with the Fib(61.8%) gone at 10260, technically the next test will the PPT held psychologicaly critical 10000.
At the risk of seeming a tad cynical ... expect the Fed to be active in S&P Futures ...
Cheers ... tight stops.
This is only my view ... read the red stuff.
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Hmmm ... further to the above from 21/09/05 the expected...
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Price($) | Vol. | No. |
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