News Focus
News Focus
icon url

Zeev Hed

11/19/04 10:36 PM

#324958 RE: Burk #324933

Only because the nature of the beast is that former resistance often becomes support, it is quite possible that the more recent highs of April and June (in the 1130/40 area) would be a better support for the SPX. The Naz may not do the "whole" trip to 2000, 2020/25 and maybe as high as 2050 were minor overhead resistances and could serve as support.