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

Hiya TraderPP,

That IHS is still holding, or did we break it?

And if we didn't break it, what's the "line in the sand" to break it?
 
Quote from Decel:

Hiya TraderPP,

That IHS is still holding, or did we break it?

And if we didn't break it, what's the "line in the sand" to break it?
More...

yea, it is still in effect "SO FAR"

I did an update vid I will post it in a bit

JB
 
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UP-DATE
Remember JOB'S REPORT TODAY
 
I'm not in your room, so I haven't been able to get the anecdotes as to why or whether or not once a level "Breaks Down" or "Breaks Out" we can expect all you ES, etc. traders to move this thing right to the "Target" or not, lol.

So here we are today (FYI, the EOD action Friday was "peculiar" - and yes I was short) and we are right back to where we were late Friday.

I see ALL "Break Down" levels now breached and I am counting on you futures day-trader guys to move the price right to the target - or beyond (I know - FAT CHANCE).

But are there any "caveats" from the trading room that say NO - we aren't going there today!!! You probably see what I see...scant volume - so almost anything goes.

Hail the PPT!!!

:cool:

FYI - thx for the video. . .when we DO get these prolonged, staunch daily trends - I will watch to see if it breaks (higher low, higher high).
 
Whew what a day. Got home from work just in time to catch a few points. I giggled at your levels for the snp, almost a hundred point spread, gah.
I'm being cautious here because losing isn't my style :) and those prices can move like lightening.
I'm no predictor but am scared of this much movement so fast.
This is not boring, and I like it... it's a great learning experience and profitable at that.
Looks like we're closing down here, I wonder if we break 900...
Thanks again Joe for your guidance. How about another video soon? Please?
 
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