Jump to content



Photo

spx hourly


  • Please log in to reply
4 replies to this topic

#1 eminimee

eminimee

    I don't care who's fur is flying...

  • TT Member
  • 14,307 posts

Posted 26 June 2007 - 11:04 AM

...or we breakout now

Posted Image
Click Here to see Full Sized Image

#2 hiker

hiker

    independent trader

  • TT Member*
  • 12,118 posts

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 thespookyone

thespookyone

    Member

  • Traders-Talk User
  • 6,043 posts

Posted 26 June 2007 - 11:10 AM

Intersting spot here, with spx, and Q's even moreso both lagging.

#4 eminimee

eminimee

    I don't care who's fur is flying...

  • TT Member
  • 14,307 posts

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 thespookyone

thespookyone

    Member

  • Traders-Talk User
  • 6,043 posts

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.