3 replies to this topic

[redfoliage2]

Above the down Trendline (1464), which is encouraging:
http://stockcharts.com/c-sc/sc?s=$SPX...3989&r=4500

Edited by redfoliage2, 24 August 2007 - 12:04 PM.

[hiker]

failed so far to move above yest 1472.06 high, which for now is being viewed as a sign to sell.. long above 1463/1465 may continue to make sense early shorts could be burned by the close, but it is a guess until 1472 is surpassed

[redfoliage2]

failed so far to move above yest 1472.06 high, which for now is being viewed as a sign to sell..

long above 1463/1465 may continue to make sense

early shorts could be burned by the close, but it is a guess until 1472 is surpassed

It looks yest high will be surpassed today. My guess is in late afternoon.

[blitz99]

Short now on s&p e minis 1474 day trade stop at 1476.