Edited by redfoliage2, 02 March 2010 - 02:04 PM.
SPX 1120-1130
Started by
redfoliage2
, Mar 02 2010 01:57 PM
2 replies to this topic
#1
redfoliage2
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Posted 02 March 2010 - 01:57 PM
is a major resistance area. There may not be enough buyers left there to push thru.
We may see it up and down in the range of SPX 1115 and 1125 for the rest of the week.
#2
Trendy
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Posted 02 March 2010 - 05:18 PM
is a major resistance area. There may not be enough buyers left there to push thru.
We may see it up and down in the range of SPX 1115 and 1125 for the rest of the week.
SPX daily hit upper boll band today. That should provide a pullback to the median line on this first hit.
#3
porsche911sg
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Posted 03 March 2010 - 09:34 PM
To add to that momentum is declining fast.is a major resistance area. There may not be enough buyers left there to push thru.
We may see it up and down in the range of SPX 1115 and 1125 for the rest of the week.
SPX daily hit upper boll band today. That should provide a pullback to the median line on this first hit.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
