ES Journal Archive (2009 - 2010)

Eurozone

 

Broke important TL.. needs to be reclaimed asap.. or else 1170 won't matter.

 

double bottom with 11/16 low spx

 

<img src=http://www.marketoracle.co.uk/images/2010/Nov/Sovereign-Debt-Default-Analysis.gif>

 

1.3 is midpoint of EURUSD saga

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3021937>

 

plan on going long 1168.00

 

117.3 spy area

 

anyone else noticing the divergence between spx and spy seems quite large at the moment.

 

I may be way off base with a guess and I do not know what the correlation usually is, but spy does have it's biggest dividend of the year coming up in a couple of weeks, around .70 I think.