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SPX refuse to go below 1350


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#1 CNSZ

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Posted 10 April 2008 - 09:22 AM

SPX 1350 has been holding since noon yesterday, hope it can still hold for today. I am a bear, but I want see more trader switch to long position before the market start go down again. almost 50% shorts on this board has been covered or switched to long during last 2 days, hope more traders changed their standing today.

#2 arbman

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Posted 10 April 2008 - 09:59 AM

It will be interesting to see whether it will go above 1363-1368 zone.

#3 mike123

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Posted 10 April 2008 - 10:14 AM

That is up trend line support. Wave 5 now?