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[hiker]

Please participate in this SPX poll ... timely today since SPX 1238.92 to 1240.75 has held three times when tested since November 4th:

$1277.55 = this week's high

$1215.42 = November 1st low (my personal note during the November 1st Globex price action for: ES futures, December contract:
ES $1207.89 = a 78.6% retracement of the recent up leg, so the $1208.50 low today before the cash open represents a MAJOR retracement beyond the customary 61.8% retracement )

Edited by hiker, 09 November 2011 - 11:53 AM.

[hiker]

vote result at the close of today's cash market:

which SPX level will be broken first: $1277.55 upside or $1215.42 downside?

$1277 upside will be seen Before $1215 downside [ 9 votes ] ** [40.91%]

$1215 downside will be seen Before $1277 upside [ 13 votes ] ** [59.09%]

Edited by hiker, 09 November 2011 - 04:24 PM.