Big Move Up Imminent

Discussion in 'Index Futures' started by VisionTrader, Oct 7, 2005.

  1. The indices made a quadruple intraday top today (12 PM friday - 1 PM monday), @ COMPX 2093, then took out fridays lows. A push for thursdays lows (2069) now on the horizon, expecting the next support level (2053) to be tested shortly thereafter.

    S&P's: A push for 1179 - 1182 is next, with next support @ 1165

    Dow: A push for 10,201 is next, with next support @ 10,142

    These lower levels might produce a significant bottom!
     
    #31     Oct 11, 2005
  2. We just took out thursdays lows in the COMPX ... it's two brothers should follow.
     
    #32     Oct 11, 2005
  3. Okay its time to get long right now. Remember this post time.:D
     
    #33     Oct 11, 2005
  4. I see the divergences in the INX/DOW vs. COMPX, but think it's just temporary
     
    #34     Oct 11, 2005

  5. never be surprised by oil --- things have changed!

    btw, oil at $63.92 as i post ---- not surprised at all. :)
     
    #35     Oct 11, 2005
  6. And stocks are trying to set up short term divergences:
    S&P/DOW vs. COMPX did a bit of buying
     
    #36     Oct 11, 2005

  7. that was a nice run today for the oil play!
     
    #37     Oct 11, 2005
  8. duard

    duard

    Better bounce soon or look out below.
     
    #38     Oct 11, 2005
  9. nitro

    nitro

    LOL

    Heeheheheheheh :D

    nitro :D
     
    #39     Oct 11, 2005
  10. Okay. I just got the buy signal at 11:30. Now its safe to get long.:D
     
    #40     Oct 12, 2005