Trading the SPX

[hornblower]

Hi Joules
is this an up wave ?

 

[hornblower]

Thanks Joules

 

[Racer]

[BRIEFING.COM] No change to the prevailing trend as the afternoon session gets underway... It may be worth noting, however, that even as the major indices continue to improve their stance at the expense of further deterioration in oil prices, market breadth remains mixed, lending to the notion that most of the market's strength is being supported almost entirely by large-cap issues... As reflected in the A/D line, decliners on the NYSE still hold a slim 16 to 14 edge over advancers while advancing issues on the Nasdaq outpace declining issues by a modest 15 to 12 margin... A split ratio of down to up volume also paints more of a mixed picture at the Big Board and the Composite... ..NYSE Adv/Dec 1467/1611. ..NASDAQ Adv/Dec 1592/1250.

 

[Racer]

S&P ends flat, very bullish I must say

 

[Racer]

Thank you Joules

 

[lemput]

nice one joules.

 

[hornblower]

hi Joules
so what do the number say today ?
up to 1245?

 

[hornblower]

thanks Joules
you should be sat at your computer
and paying someone to do the cementing

 

[hornblower]

Ha Ha
you won`t be laughing if you put your back out
Kind regards
H

 

[Racer]

Oil moving up again, is that going to be ignored today cos they are feeling bullish?

 

[Racer]

You think so eh Joules

 

[hornblower]

support is 1218.59

 

[hornblower]

the upward push look weak to me

 

[hornblower]

candles are running nicely below the 30ema

 

[hornblower]

S & P forming a downward pointing pennant

 

[hornblower]

Hi Joules
sorry you had a bad run
but bet you have had more winners than losers ,
over the last few years
S & p is going up , Quick and you can make it back up !
kind regards
H

 

[DanielLambert]

Was in the chatroom today.........Just remember Joules , its the sometimes silent majority who count , ignore the mealy mouthed ignoramuses! or should it be ignoramii!

 

[hornblower]

seems the fed was pumping money into the system yesterday
and that may be why the down turn slowed, and there was a turn around

 

[cj12]

Who upset you in the chat room yesterday Joules.

Anyone coming in the room today?

Sun

 

[Racer]

A bit of a drop there