Edited by hiker, 08 August 2007 - 08:37 AM.
SPX
Started by
hiker
, Aug 08 2007 08:36 AM
3 replies to this topic
#1
hiker
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Posted 08 August 2007 - 08:36 AM
15day sma
60min 200sma
50% retracement of the decline from 1555 to low of approx 1427..which is 1491.65
all reside 1491 to 1500 area with 200sma on 60 min above others
#2
hiker
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Posted 08 August 2007 - 09:20 AM
1490.93 is approaching 50% retracement noted above
convergence with a 4th data point is near-term R at 1492/93
Edited by hiker, 08 August 2007 - 09:22 AM.
#3
mss
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I'M WATCHING
Posted 08 August 2007 - 09:22 AM
See chart I just posted above in thread of Bottom in.
mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#4
hiker
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Posted 08 August 2007 - 09:29 AM
SPY 60min 200sma just touched on this move to day high of 149.42...I am not calling anything confirmed on the upside follow through until price and 5 and 15 sma's move above the 200sma on SPY 60min incl all extended sessions. R at the 60min 200 sma which is declining can be taken out, but it does need follow through here.
