Significance to S&P 1115.1 ?

Do you think there is significance to S&P 1115.1 ?

  • Yes

    Votes: 14 43.8%

  • No

    Votes: 18 56.3%
  • Total voters
    32
W

woody anderson

The market began 2010 at 1115.1 and that's exactly where it made a high today and backed off. I think there is significance that the S&P got back to break-even and that's it.

Do you think there is a significance to S&P 1115.1 and that it serves as resistance now ?
 
You know, Rowschan, for someone who hates this site so much, you sure do come back with new accounts regularly. Ok, so let's keep this poll here for a bit to see if it adds anything.

What do YOU expect at this point? Do you expect a further decline back down to the 1050 range, and perhaps beyond? Or do we return to the highs again?
 
Quote from woody anderson:

The market began 2010 at 1115.1 and that's exactly where it made a high today and backed off. I think there is significance that the S&P got back to break-even and that's it.

Do you think there is a significance to S&P 1115.1 and that it serves as resistance now ?
More...

Dec close on the cash. I`d say thats significant
 
Quote from woody anderson:

I'm glad there's at least one person on the trading board who agrees...thank you!
More...

Significant, I agree. But I dont agree with the resistance portion of your analysis. I think we push higher, but thats neither here nor there.
 
Quote from woody anderson:

there is a significance to S&P 1115.1 and that it serves as resistance now ?
More...
more people will realize by end of day that this is significant resistance.
 
Significant resistance was at 1112 in the ES and we're above that. Today LONGS built up inventory, believe it or not. Looking for a push to 28s and even 38s. Please pm me and I'll buy all the contracts you want to sell for ES. Thanks.
 
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