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1500 spoos

Discussion in 'Trading' started by duard, Aug 8, 2007.

duard
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Quote from duard:

08-08-07 03:55 PM

Spoos tangling with overhead resistance at 1500?

Support at 1440 area resistance 1500.

A pause to refresh perhaps.

A chance for those that missed the initial buying opportunity if move back down to1450. A chance for further short covering?

THEN

Some are calling for 1600 in the spoos.

If so for 2007 then back to 1425 area at most once before a 10% to 1600 before rolling over.

If you look at the market hedged in EURO's or gold our markets really haven't been that stellar.

More...

Nice!!!

#11 Aug 9, 2007

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