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SPX Closed right on the DTL


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#1 capgain55

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Posted 14 July 2010 - 03:27 PM

Still looking for the down turn after the OPEX tomorrow. Long TZA 34.80 spx.png

#2 selecto

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Posted 14 July 2010 - 03:45 PM

Yes, big resistance convergence. Price seems to be wondering what to
do about that center tine. Stand back out of the way, thats my call.

Posted Image

(Looks like down, could go up :)

Edited by selecto, 14 July 2010 - 03:48 PM.


#3 capgain55

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Posted 14 July 2010 - 04:01 PM

Yes, big resistance convergence. Price seems to be wondering what to
do about that center tine. Stand back out of the way, thats my call.

Posted Image

(Looks like down, could go up :)


Yea, a lot could happen here, but I'm trusting what I've learned over the years and went short until further notice lol!

cap.

#4 capgain55

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Posted 15 July 2010 - 12:27 PM

Still looking for the down turn after the OPEX tomorrow. Long TZA 34.80

spx.png


Sold TZA 35.80... Going to let GOOG fluff the market, then re short.

cap.