S&P daily pivots and break-down & up Targets

Sorry yes we went long all day until our pivot on the close
about 10 -15 min before the close

I mentioned a break above 1292.50 would give the market buying power to go to 1305-1315

As I state in all videos and in out room let the market tell us what it want's to do

I did have an issue with my comp, video did not load and e-mail
was very late going to our subscribers

I did get it out @ 9:07 AM before the bell from another comp.
 

Attachments

I may be able to post pic on here during the day to show you all what I am seeing


Depends on how long I am in the room I run, I only have time
when my lead trader takes over for me and I am not working with other traders


I will make note if I have a few min to posr the PIC here


:D :D :D :D


Good Trading,

Joe Baker
 
Quote from paysense:

HEY!

Good morning JB - it looks like your video didn't post. I was listening to your "triple top" analysis and was wondering how you switched to "bearish" (reversal pattern) after last week's close well above 1292.

That especially when (a while back) I remember you thought it was awful (for long investors) for more declines/break of support levels and that we were indeed looking to get out of trouble (when I thought we'd go down and who cares?!?)

Anyway, my fairly reliable experienced call stated we are well into a new bull trend so you can understand my shock when I heard "triple top" from you when I was looking all weekend for a JB confirm with the higher close, lol.

Then I realized that was Friday's video. So any update will help. In the meantime the market will update us, lol. It seems to be holding onto staunch gains fairly well.gA

aka Pay$3nse

PS I guess if I <i>subscribe</i> I'll get the levels in advance!
More...

then maybe you can use those to help your collective2 systems...
 
That would be great and thanks Joe. Like I said I am usually fully vested (per my schedule) and when adding contracts with equity growth am getting better entries using these "known' levels.

I took a stab today and got in more very near the late-session bottom as I continue to see a building market uptrend.

Fortunately this coincided with the 1300 pivot.

:p

paySense
 
This is one of TPP Indicators the we use in the room give us all key numbers we need!

This becomes even more helpful later in the day when we see the BIG picture of the markets and where the market was at the
ZONE times.

It can really help with market structure, as in are we going to sell of into close or rally into close
 

Attachments

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S&P Levels for 08.13
 
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