.......another 40 would be the .382 retrace of the rally from aug low....1507
Previously mentioned supports have to hold......for this to be a simple flat C=A correction.
YOmaster...
Started by
eminimee
, Oct 16 2007 09:45 AM
4 replies to this topic
#1
eminimee
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Posted 16 October 2007 - 09:45 AM
#2
youmast
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Posted 16 October 2007 - 09:48 AM
It should be around 1536.
#3
eminimee
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Posted 16 October 2007 - 09:51 AM
It should be around 1536.
For SPX yes....I was talking futures....ES. Perfect 40 to the lows today....ooops.....a perfect 41
#4
MacRo
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Posted 16 October 2007 - 09:58 AM
I'm thinking about probing long with some 720 Oct OEXs. Historical precedent for an upside resolution to the week is terribly tempting.
#5
eminimee
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Posted 16 October 2007 - 10:03 AM
I'd look at a long as long as we get above 1557 ES for more than a pop.....I might get a 15 min buy signal too if we get there
