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The S&P 500 index should reach
ca. 1355 on Thursday/Friday this week - the intersection of major
and minor lines - just a perfect point for a correction. We see
resistance at a major upper ML parallel (upper MLH) and a Reaction
line.
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| This is a closer look at the
S&P 500 Jun. 99 future - the price range of 1365 to 1373
should be reached within one week. If we reach the highlighted
area, we expect to see a correction. |
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Disclaimer
Statement |
Investments
always bear substantial risks and past performance never
guarantees future results. No matter how accurate the statements
on this page are, they only represent the PT-Team's opinion and
not advice. Consult your investment advisor for appropriate
investment advice.
The hypothetical computer simulated
performance results provided are believed to be accurately
presented. However, it is not guaranteed as to accuracy or
completeness and is subject to change without any notice.
Hypothetical or simulated performance results have certain
inherent limitations. Unlike an actual performance record,
simulated results do not represent actual trading. Since, also,
the trades have not actually been executed, the results may have
been under or over compensated for the impact, if any, of certain
market factors such as liquidity. Simulated trading programs in
general are also subject to the fact that they are designed with
the benefit of hindsight. No representation is being made that any
account will, or is likely to achieve profits or losses similar to
those shown. All investments and trades carry risks.
Only risk capital should be used to trade
futures, stocks, or options on futures or stocks, or mutual funds,
or any other financial instruments, whether in conjunction with
this product or otherwise. All investments and trade carry risks,
and all trading decisions are ultimately made by you, and you are
solely and individually responsible for the decisions and the
results of those decisions. |
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