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S&P daily pivots and break-down & up Targets
- Thread starter joeb8822
- Start date
You have to understand that we have been in the 1260-1270
area there are so many levels of support and resistance built up
it is like driving down a rocky road, bumps and rocks at almost every level
NOW we break 1260 and NOTHING there but small area at 1256
1250 is big and I said in video a few days ago a 1262.50
break would be a market structure sell on a daily chart
and 1234 on a weekly chart would be real bad
So we have 1250 to hold us right now !
area there are so many levels of support and resistance built up
it is like driving down a rocky road, bumps and rocks at almost every level
NOW we break 1260 and NOTHING there but small area at 1256
1250 is big and I said in video a few days ago a 1262.50
break would be a market structure sell on a daily chart
and 1234 on a weekly chart would be real bad
So we have 1250 to hold us right now !
No kidding even though we where ready for it, it still scary
I have been saying for 2 weeks, WATCH THE BONDS
I HAVE SAID IT EVERY DAY IN THE ROOM
10 YEAR YIELD HAS TANKED OVER THE PAST 2 WEEKS
The saying is, bond traders are smarter than stock traders
and the bonds have been in a big uptrend
I have been saying for 2 weeks, WATCH THE BONDS
I HAVE SAID IT EVERY DAY IN THE ROOM
10 YEAR YIELD HAS TANKED OVER THE PAST 2 WEEKS
The saying is, bond traders are smarter than stock traders
and the bonds have been in a big uptrend
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Video for Friday
Video for Friday