That is a technical error. It touched current reaction Hi, but it is not a DT. That's why, if this call is busted, will be waiting for support to be taken out, before that happens it is just a forecast.
I sure hope you're right because I didn't sell a single long position before the market closed today. It would be very nice if we opened higher tomorrow.
I hope you guys don't mind this S&P bear hitching a ride on this thread. Ivanovich didn't want me having my own thread "Let the Selling Resume". I started it Wednesday mornin'. Turns out my hunch was correct. The Asians started selling off. We'll gap down in the mornin'.
We need a firm negative end of day today. Tomorrow I'm off from work and I can watch the markets more closely. I sold one small position today; I have six altogether.
You're covering at 1087 ? My My ... No faith in Da Bears! This is only the first down day ! Wait till Asia reacts to this !
Getting close to daily bar closure above 44.50. On its last legs at the moment. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2642220>