I don't know, but my point is just that the SPX never traded up there. So, next major R on SPX is actually 1266. http://screencast.com/t/saSO783LYaa
btw, my swing charts are short 1248, they were long from 1202, 60 minute swing play - needs some room, agree with Trvl on flex da stops. i.e. the swing long fired at 1210 and then at 1202 and we ultimately went to 1195 same day....and then 50 points up. anyway that's it a bit rough around the edges
Big thanks mate!!!!! I am going to file your post and bring AAPL on my screen and identify some examples over the weekend.
While I'm bored.. Do any of you watch intraday volume on SPY to get a different picture from what ES is doing? I am considering monitoring all 500 SP symbols and doing a minute-by-minute summation of their volume to get an accurate representation of true volume. I'm curious as to how this would compare with the SPY volume.
Alright, thanks....only one thing is in my head these days - and that is Europe. I was thinking of every damn politician and central banker from Europe and missed the skinny guy with big ears! LOL