InvestorsHub Logo
icon url

ajtj99

01/17/08 12:46 PM

#113905 RE: GLENO34 #113903

Look at support/resistance. The SPX bounced likely because the NDX and COMP double bottomed. We may back-test the 1364 SPX level again. If that fails, we should take out the lows of the day once more. If that happens, look for the NDX to drop towards 1806, the COMP towards 2300 while the SPX and NYA only drop 1% below today's lows.