1/24/12
11:51EST
Today’s a little different than normal
The SPX is running the show, normally it’s the opposite (ES)
Therefore today we’re on the SPX until further notice
BTW I looked at the TVIX and SDS; first time I’ve ever looked at them, both of them are not organic at all, meaning they’re rigged; soon I’ll look at all the others for you.
SPX: last pattern
Up target: 1316.59
1312.26 is the patterns Pivotal support (10m 1 bar)
Down Target: 1305.13
Down extension: 1303.80
the same pattern’s up target on the ES is 1312.50; and above 1311.50 the ES continues up above 1318.25; I don’t see that occurring (above 1311.50) in fact we pulled on the ES at 1310.75 serious resistance begins at 1310.00
(previous update)
2nd level (quite string) pivotal resistance from 1310.00 to 1311.50
pulling back before reaching resistance is bearish
11:51 EST masterche update
Started by
jdjimenez
, Jan 24 2012 11:53 AM
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