Back in Black

Nice one Angus

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Quote from areyoukidding?:

We need a rehash. This market is Back in Black.

Another incredible ET post full of VALUE.
Someone must be +$150 in their Ameritrade account!
:eek:
 
Quote from MacroEvent:

currently 1210.75 and still grinding down to 1208 ---- getting closer now and the storm has not even hit yet.


well finally got my 1208 today on the es ---- now 1201 on the SPX is the line in the sand. if 1201 on the cash breaks this week then ride it short and heavy like Seabiscuit. 1170 is looking like the next true support for the SPX is we break 1201 and october turns into a rough month.
 
Quote from MacroEvent:

the main reason i am looking at 1208 is that was the "Z" contract low of 08/30/05 {yes 08/29/05 had a lower low but that was a event related low}. now 1200 is just a psychological level so that would be tested if 1208 was broken in my opinion --- so yes there is plenty of additional downside possibilities.

well this was tagged and the pressure is now on the bulls to rescue this market --- they will need some good news or some type of catalyst to move this market back up with any authority.
 
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