The EchoVectorVEST Bi-Quarterly Coordinate Vector OEX Daily Action GuideChart and its Implications For
FRIDAY's Option Expiration Day
Presented in the chart below are significant price/time coordinations on the bi-quarterly basis for the OEX, the S&P 100.
These support and resistance echovectors present price level attainment possibilities and implications as the market approaches options expiration on Friday.
Also consider their implications regarding a potential second 'price leg down' before competing what would constitute a 'parallel short-term correction sum' to that correction six months preceding.