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SPX bounce in play now


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#1 hiker

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Posted 10 August 2007 - 08:55 AM

1432 major horizontal and prior close low area was tested and held for now. 1439 is S3

Edited by hiker, 10 August 2007 - 08:56 AM.


#2 Jnavin

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Posted 10 August 2007 - 09:04 AM

Bounce might be to SPX 1459/1460.

#3 hiker

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Posted 10 August 2007 - 09:13 AM

thanks, John. at this point bulls and those currently short have at least three simple data points of interest for managing trades: 1450 200day ema, with 200sma on 3min chart nearby 1453.09 yest close

#4 hiker

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Posted 10 August 2007 - 10:41 AM

10:35 and 11:40 are the 65minute time increments following the open used by da boyz here at 11:40, DOW testing intraday support near 13110 and SPX prior .618 retrace at 1437..this either turns down here, or holds for more chop action?