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S&P 500
5,815.03
(
0.61%
)
US TECH 100
19,700.00
(
-0.02%
)
Dow Jones
42,863.86
(
0.97%
)
Brent Oil
78.70
(
0.00%
)
Bitcoin
62,853.25
(
-0.53%
)
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SpillWay

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SpillWay

Re: None

Wednesday, 02/23/2005 7:49:42 AM

Wednesday, February 23, 2005 7:49:42 AM

Post# of 704019
The Dow has weak support at 3269. Will it fall through it today? There was significant support at 3326 but it just motored on through that like it didn't exist to close at 3314.

It is now below all the short term EMA lines, and in recent months this configuration was a setup for a nice reversal, but my gut feeling is that it isn't going to be today.

Oil prices seem to back out of the shadows and looming over the markets.

Other opinions? I learn a lot from the opinions posted on this board. tia.




_________________________________________________________
Diligence is the mother of good luck.
Ben Franklin (1706-1790)

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