Edited by hiker, 10 August 2007 - 08:56 AM.
SPX bounce in play now
Started by
hiker
, Aug 10 2007 08:55 AM
3 replies to this topic
#1
Posted 10 August 2007 - 08:55 AM
1432 major horizontal and prior close low area was tested and held for now.
1439 is S3
#3
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
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?