6 replies to this topic

[eminimee]

Gap on the hourly is actually at 1463.25 ...if it's not filled....we still have an island in tact....mind you...it would be an island you could jump on to.



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[nicolasillo]

Gap on the hourly is actually at 1463.25 ...if it's not filled....we still have an island in tact....mind you...it would be an island you could jump on to.



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the gap seems like is going to be filled 1460 at the moment

[eminimee]

Quite possible...I'm showing day session so we would have to open above 63.25 and stay there to keep the island in tact. I have no bias...just pointing something out.

[nicolasillo]

Quite possible...I'm showing day session so we would have to open above 63.25 and stay there to keep the island in tact. I have no bias...just pointing something out.

I have no bias here either I was just writing what I was observing on the SPX. It may hold at 1462 - a few points, who knows, we shall see. One thing is for sure, this is going to be a very interesting day!

Edited by nicolasillo, 07 September 2007 - 08:23 AM.

[relax]

we may also get a failure reverse shs on S&P 500 neckline around 1.465

[eminimee]

posted this the other day as a possible...scalping is still the way to go....as some of these scalps are 9 and 10 pointers ....and taking half off with profit you can let the rest ride.

http://stockcharts.c...9426&r=3905.png

[humble1]

teaparty: i love yours charts and comments ! as to this one, haven't we created a rather interesting island at the recent highs with this big gap down ?