we are at the 50% retracement of the last rally...ST stuff is oversold, but the action is horrible. I lifted only 1/2 my ES hedge against longs.
SPX
50% retrace
Started by
tommyt
, Nov 06 2008 12:56 PM
1 reply to this topic
#2
hiker
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- TT Member*
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- 12,118 posts
independent trader
Posted 06 November 2008 - 01:12 PM
some older SPX price spikes reside within the air pocket that resides beneath the 918 shelf from the 15-min...
15 min data
http://stockcharts.com/h-sc/ui?s=$NYD...id=p84148050569
at 81, NYLOW is the highest in 7 days
15 min data
http://stockcharts.com/h-sc/ui?s=$NYD...id=p84148050569
at 81, NYLOW is the highest in 7 days
Edited by hiker, 06 November 2008 - 01:15 PM.
