firewalker99
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and back lower again
so much for holding on, had to cover the other part at breakeven
looking into "single entry, single exit"... as most of the voters on my poll chose that
firewalker99
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nice, I see you're in early today
I just went long dax 7625 fut on what looks like the retest (or at least I hope!)
firewalker99
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the clues were there I'm afraid....longs were a no-no
firewalker99
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yes have to admit, time to change hats and put that one with bull horns back in the closet
keep eye on SPX...that's leading today and needs to get back above 1505....it'll try and regain that level ....
Dinos
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Cyclewave (the bullish chap) -
10:55: the indexes continue to head south, with no hard support here now until the 1505 swing low from a week or so back; should that be taken out lower, then the indications would have to point to a larger down phase in force, such as with the 45 day component. however, for now favoring that to hold and a normal 10 day low to be made between now and Friday. the NDX continues to hold a higher relative strength
10:55: the indexes continue to head south, with no hard support here now until the 1505 swing low from a week or so back; should that be taken out lower, then the indications would have to point to a larger down phase in force, such as with the 45 day component. however, for now favoring that to hold and a normal 10 day low to be made between now and Friday. the NDX continues to hold a higher relative strength
free4440273
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...you do indeed deserve your tea; you've read the markets (short and long) spot on today
Dinos
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Cyclewave -
11:14: the 1505.15 level was just taken out lower, which indicates that a larger cycle (45-day or higher) has to be responsible. that 45-day component likely witnessed an extended up phase, with the down phase of the same now in force. how far this down would now carry is an unknown, but the next key support figure is the 50-day moving average, currently around 1488-1490 SPX CASH
11:14: the 1505.15 level was just taken out lower, which indicates that a larger cycle (45-day or higher) has to be responsible. that 45-day component likely witnessed an extended up phase, with the down phase of the same now in force. how far this down would now carry is an unknown, but the next key support figure is the 50-day moving average, currently around 1488-1490 SPX CASH
