S&P daily pivots and break-down & up Targets
- Thread starter joeb8822
- Start date
Quote from paysense:
How about that - targets hit!
When we couldn't break through 917 a while back we rolled down. . .but held.
It didn't take LONG to get right back up to 917.
We where above "mid point pivot"
took out 1st hour high
918 is a very big ########
Hit the BIG DADDY # and took out by 1 point ...........LOL
If we close above 918
it looks real good for higher market levels
If we close above 918
it looks real good for higher market levels
Second PIC of Balance
The last target hit for the day
need an easy button for today.......LOL
need an easy button for today.......LOL
Yup, I am LIKING this bullish action - but next week will be the real tell. Can we go up in even higher volume?!?
Hey Joe, even though we may close up above resistance. . .is there a good strong <i>next number</i> we may pullback from?
Seems indexes didn't want to just stop at the ultimate targets.
pay$
Hey Joe, even though we may close up above resistance. . .is there a good strong <i>next number</i> we may pullback from?
Seems indexes didn't want to just stop at the ultimate targets.
pay$
Right now the #s are 927.25, 934.50,943.50& 950.00
the next BIGGIE is 962.00 area
today was another rally thats moves were working with perfect symetry in price and time. volume was light due to the holidays which made it hard for people who pick tops. patients is a vertue that is hard to come by when in rally days, odds are you dont know we are in a rally until its over. thats the toughest things for traders is to go with the trend. there are only a few ways to determin that and very few indicators that can actually help you with that. wednesday 12/31 had perfect timing resistance on a 15min chart which forced the market down into the close which forced a nice sell off after market. today there was another key timing symetry on the 15 min chart which the market turned on. this was also at a few price target clusters at the 930 level. if you werent long in the market from yesterday it was hard to take a long trade, the breakout was the only way to go but those can be risky, but the timing lined up for a nice push up to the targets on price and time...
Today's Balance Chart
1st target hit
1st target hit