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SPX pullback complete now?


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#11 hiker

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Posted 20 August 2007 - 01:37 PM

SPY 3 min 144.20 to 144.32 horizontal of interest on this move up 200sma on 3min resides above those prices I am not sure the move above SPX 1437 will last...playing it careful here with longs...took all off here...back in above 144.32 to ? XLF..now flat as well.

#12 hiker

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Posted 20 August 2007 - 01:58 PM

proabably early with this entry based on horizontals alone short SPY 144.40's..stop above 144.60 144.71 prior close would not surprise me before EOD, so I could easily be early or on wrong side of trade

Edited by hiker, 20 August 2007 - 01:59 PM.


#13 hiker

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Posted 20 August 2007 - 02:16 PM

current SPX daily..hard to be short while SPX remains above 1447, so need to see if 1447 horizontal becomes support instead of R -

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#14 hiker

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Posted 20 August 2007 - 02:59 PM

daily chart update near the close

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