My target, for those who remember, was 150400 on the futures. Our GLOBEX low was 1503.75. Did we hit it? Maybe. Are we now going to go up? Maybe.
My read, however, is that we'll see that 150375 level again, if not today then soon. Look for a set up to play for it.
Mark
Was My Target Hit?
Started by
OEXCHAOS
, Jun 13 2007 08:21 AM
2 replies to this topic
#1
OEXCHAOS
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Mark S. Young
Posted 13 June 2007 - 08:21 AM
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#2
Russ
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Posted 13 June 2007 - 08:26 AM
Globex formed a double bottm over a several hours time span, doesn't count?
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#3
OEXCHAOS
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Mark S. Young
Posted 13 June 2007 - 09:32 AM
It's possible, but I don't think so. Usually, lows and highs made in Globex trading will be touched during regular trading, though not always in the same day.
Right now, I'm waiting for a sign of weakness to short. I'm not getting it yet.
Mark
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