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

Me too!

:cool:

The last few "bear market" confirmed rallies failed. . .but initial LONG (test) exposure was light with STOPS!

Eventually we will get a follow-through that will be coupled with more institutional buying along with leadership.

Until then. . .DO NOT do the impossible: try to catch a falling knife.

:eek:

<b>JB:</b> Are we gonna see your levels soon?
 
Don't think you will see new levels from JB today, he took a vacation day and will be back Monday. His old line in the sand from two days ago at 698.25 worked fine this morning.

A happy weekend to all.
 
By the way, at about 9:25 EST we had a nice short from his 681 number right down to his target of 668.75... almost to the tick (the levels numbers from 3/4/2009). That was right after price action bounced off the 200 sma and dropped below the lower value area... and with that.. I am outta here for the weekend.

Happy Trading
 
Quote from randyjb:

By the way, at about 9:25 EST we had a nice short from his 681 number right down to his target of 668.75... almost to the tick (the levels numbers from 3/4/2009). That was right after price action bounced off the 200 sma and dropped below the lower value area... and with that.. I am outta here for the weekend.

Happy Trading
More...

Glad you had a nice trade, who is "WE"?

good trading,

el surdo
 
Sorry.. the "we" in that case was just traders in general. Also a correction to the post prior to that one.. I referred to 698.25 as being a line in the sand number when I think it was actually a break-out level instead. My apologies.
 
Hey all back from Disney, was a great time !

looks like we went to where I was looking to the devils numbers
666 ekkkk that is a scary number, even more scary being the S&P at that level.

I will post the levels tonight !!

Take care ,

Joe Baker
 
Glad you and yours had a great time.

Yep, given all that is happening in the World right now.. that 666 level was kinda spooky.

I just hope that with all they are doing that they don't totally dislocate the markets and ruin trading. Other than that I can accept and live with most anything.

Anyway, good to have you back.

Happy Trading
 
You must log in or register to reply here.
Back
Top