Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.
Yer thats - just about you understanding of anything Bud. Now grow your bleeding trousers.
SPY Spot Price 2723 High Mark is Expected at 2744 if the Price go`s to the that level at all - The hold index is at DownTrend Phase - As the Monthly Chart High is At A completed stage at 2861 - There are 2 Resistance Levels at 2788 & 2768 - From Where the Price has Just Spiked Down from High at 2861 Level Bud - This is A Strong Reversal Level within the Derivative - You are ignoring all Market Play thinking that the the Index will go Up for ever.
Just to make life most interesting there`s even a Resistance Level at 2732 on the SPY Chart.
And this is why I`m saying that the hold Derivative Play is Down - You Nutter.
We probably going up another 20 points today, based on the action of the last 2 days....
We are now attacking the 2731-2735 resistance level. Looking for proper situation for long day trade.
Stop raised to 2668.00
We should make an announcement when we are switching to the new futures, just so we know we are talking about the same numbers.
yes===haven't switched yet.
long 2731 stop 2730
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