...or we breakout now
Click Here to see Full Sized Image
spx hourly
Started by
eminimee
, Jun 26 2007 11:04 AM
4 replies to this topic
#1
Posted 26 June 2007 - 11:04 AM
#2
Posted 26 June 2007 - 11:06 AM
short squeeze would be my guess right here....and how am positioned..will see.
also note the utility of 21.70 H line on ELN this and last week/today...btw, during the early run a 50K+ seller at 22.40 was only partially filled
Edited by hiker, 26 June 2007 - 11:10 AM.
#3
Posted 26 June 2007 - 11:10 AM
Intersting spot here, with spx, and Q's even moreso both lagging.
#4
Posted 26 June 2007 - 11:35 AM
Rates are trying to spoil any serious breakout... keep an eye on ZB...if she rallies...so will ES.
Lose 1515 ES south and we should get anther low....Might see 1521 first though....over 1522 we may have a breakout up.
#5
Posted 26 June 2007 - 11:35 AM
short squeeze would be my guess right here....and how am positioned..will see.
also note the utility of 21.70 H line on ELN this and last week/today...btw, during the early run a 50K+ seller at 22.40 was only partially filled
Ton of index put buying going on, I think a bull squeeze is more likely-soon.