Market Analysis for Nov 9th, 2005
The e-SPZ has pulled back about as much as
I would care to tolerate within a still-bullish
micro pattern. A pivot from above 1224 should
begin a thrust to another new high above the
earlier high at 1229.50. However, a break that
sustains below 1224 will begin to compromise
the earlier surge to new recovery highs, and
will begin to make that high look like a peak
ahead of a deeper correction... Stay tuned...
MJP 11/09/05 2:05 PM 1224.50
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