Big Technical Rally To S&p 880

[illiquid]

Haven't you guys learned that posting your calls as a thread title = baaaad karma?

 

[acrary]

Right now a bear key reversal is forming up for the day in the SP.
I don't know how reliable the pattern is, but I don't think anyone has considered it a bullish continuation signal.

 

[Biog]

Quote from abra trader:

coming in the next week. All technicals point to it.

Support at 830 bettered previous support AT 810.

Abraham

Not looking too good..

 

[TGregg]

As I write this, ES has just dropped below 835. Not looking good at all.

 

[Corso482]

Quote from Avalanche:

Well,

Spoos threatening to break a trendline here at 838 area right now. That trendline being on a 10 min chart though.

Don't know for sure but I have always heard that a lot of fast money watches 10 min charts on a five to ten day level to get prespective on where the index's or their stock is for the week.

Anyone care to comment on the relevance of of trendline breaks on 10 min charts? could be just noise, but they seem to have some signifance to me.

Anyone have any experience with what charts hedgefund's usually do watch.

I'm thinking 10 min's are most common...am I wrong.

And the 10 min trendline HAS BEEN BROKEN...

 

[trendy]

bada bing bada THUD

 

[fourcups]

We still have four days left! So lets see what happens!

 

[Gordon Gekko]

Quote from fourcups:

We still have four days left! So lets see what happens!

LOL

 

[fourcups]

LMAO!

 

[Corso482]

LOL, so I'm checking my screener after the market closes, and SPY comes up as a short. This should be interesting...