4 replies to this topic

[eminimee]

We just tested the Aug 6th low on ES...and still have bullish divergence on the daily

[ogm]

Yes, futures calmed down significantly. btw, the previous low was 1432.25 .... today's low so far 1433.... we didn't break the low on the futures yet.

[hiker]

lower BB on weekly SPX is 1419.90... above the 1404 major horizontal...am wondering if this price area will represent an intraday low today. not likely, if bullish divergence is in play? 1427 is near-term S4 major horizontals SPX 1476 1447 1432 1404 1370 SPY today - the a.m. highs have not surpassed the 145.29 early after hours low from yesterday..the 8pm SPY lows were 144.50's

Edited by hiker, 10 August 2007 - 08:12 AM.

[eminimee]

Hiker...a weekly just to show the March 03 TL...this week is at 1406

[hiker]

thanks, Teaparty. note the 20+ year log chart shows a t/l near 1365, FWIW.

Edited by hiker, 10 August 2007 - 08:29 AM.