SPX 20 month moving average is sitting right at trendline support off 2006 lows. That is a possibility should we lose the September low of 1439.29. Note that below that, we have the 23.6% retrace of 2002/2007 at 1386. ES traders will need to watch 1453.50 and 1447.25 areas of support.
NQ traders should note the September 17th gap of 2006.50/2020.50 should 2040 fail.
Some stats on November: link.
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on Saturday, November 10, 2007 at 11/10/2007 01:11:00 PM.
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