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#11 hiker

hiker

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Posted 06 August 2007 - 02:07 PM

semi..I hear you. SPY and a d/t line on the 60min is being tested here..look out 10-20 days. on the daily, throwover the 200ema/sma with a failure SO FAR to move above the daily 5sma, which has been pointing down since July 20th..btw the bearish crossover of the 5day and 15day sma's was on 7/25

Edited by hiker, 06 August 2007 - 02:08 PM.


#12 hiker

hiker

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Posted 06 August 2007 - 03:27 PM

from the first post that began this thread - "an intraday move to 1460 is possible before the FED?" closed today above that level...the move that may have surprised many horiozntals from long-term daily - 1476 1447 1432 this level was reached late Friday and retested today...