S&P daily pivots and break-down & up Targets

Discussion in 'Trading' started by joeb8822, Jun 30, 2008.

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    Vid for Wed
     
    #591     Sep 16, 2008
  2. Target hit !!!!!!!!
     
    #592     Sep 17, 2008
  3. under 1290.50, 1287.50 1283.00 1278.00

    If the market keeps falling more
     
    #593     Sep 17, 2008
  4. nice - fyi, trading now below support, my "swing" shorts are again becoming more profitable. Yes, the vix spiked - and yes one can say that was a (really) short-term bottom. But trading now below prior lows/support I'd say once this "noise" (bailouts, $$$ pumps, expiration week, etc. plays out) we go the next leg down, get the much needed capitulation - where we will see the vix at 40+ and begin a decent new rally.

    Just my take - probably wrong. . .and that is ok, since I only trade what the market gives/tells me.

    gA

    PS That overnight bounce did hit your target - - but we do have to sleep, too (lol)

    :cool:
     
    #594     Sep 17, 2008
  5. I dont even know why I post levels of support ......lol

    1168 if you dare
     
    #595     Sep 17, 2008
  6. I hope you all know I ment

    1190.50-1187.50-1183.00-1178.00

    sorry for that
     
    #596     Sep 17, 2008
  7. 1168 was good fro a 12 point bounce

    only to puke it back up

    54 -58 area
     
    #597     Sep 17, 2008
  8. wow LOD on close.....may get that 58 AREA
     
    #598     Sep 17, 2008
  9. Got a nice sell signal into close
     
    #599     Sep 17, 2008
  10. Levels for Thursday
     
    #600     Sep 17, 2008