Edited by hiker, 31 December 2008 - 02:20 PM.
SPY
Started by
hiker
, Dec 31 2008 02:19 PM
5 replies to this topic
#1
Posted 31 December 2008 - 02:19 PM
SPY short here has minimum risk to 91.17 to 92.63 zone, where price failed on the prior two attempts off the Nov. low
"just sayin"
#2
Posted 31 December 2008 - 02:25 PM
Be careful. Bollinger squeeze release coming off the heels of a weekly MACD cross is powerful juju. I think the 918 on cash $SPX is gonna get cracked. IMHO, of course.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#3
Posted 31 December 2008 - 02:38 PM
..and short term..at least the daily breadth says we should take out the highs of the day easily...as long as we hold 898.30 spx on a pull back here..
#4
Posted 31 December 2008 - 02:49 PM
I see ES 903 as a "wall"..sure, I could be incorrect.
not the first time I mentioned ES 903 -
http://www.traders-t...showtopic=99636
not the first time I mentioned ES 903 -
http://www.traders-t...showtopic=99636
Edited by hiker, 31 December 2008 - 02:50 PM.
#5
Posted 31 December 2008 - 03:15 PM
I see ES 903 as a "wall"..sure, I could be incorrect.
not the first time I mentioned ES 903 -
http://www.traders-t...showtopic=99636
not sure about a "wall"...might be a curb....the wall/wall's...are 920 and 960
#6
Posted 31 December 2008 - 03:40 PM
The Wall is 1007.










