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

That 1282.50-1283 was key !!

then right to 1292.50-1294 area

This market is almost showing it's hand

Now we watch 1283 area if it holds we will work our way back
to 1304-1306 to 1312 - 1314 area

Always watch the close !!

Today we did what is called ( Jump the creek ) that is where
we open above a major area of support!

Take Care,

Joe Baker
 
I put a 5 point stop on avg. for larger trades

last 2 weeks had +82 then 2 stops outs -10

then today :D

I am making an auto trader, for this method

in case overnight it hits a level and I am sleeping

I do miss some points due to that!!
 
LOOK where the little bugga closed at ................lol

Just like yesterday closing at the 75 area

today it closes at the 1292 area

This puts 1283 and 1304-1306

in play for monday :D :D :D

I LOVE IT!

Have a great week all


Joe Baker
 
<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/QvezhQ7lbJM&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/QvezhQ7lbJM&hl=en&fs=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="344"></embed></object>

Vid for Monday
 
Back
Top