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

This is a way of finding order in chaos, taking it one day at a time

 

You guys seem to say that a lot, "Target Hit!!!!"

Which is a good thing of course.

 

We have been saying that alot.............

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being that the breakout buy target was hit in the overnight mkt how did you trade that this morning?

 

TARGET HIT!!!!
Missed your video but your levels are right here, and working well for me today.
So much is going on all at once, it's quite odd how so much bad economic news can drive the market up.
How's that pitchfork looking now?

 

Extension hit!
Why is the volume so low?

 

Here is a pic of fork, I run them on 5,15, 30 min charts intraday
I will post some screen shots

 

How nice of you!
I try not to be cynical, but is a day like this "designed' to calm the masses, confuse others, and try and prevent bank runs? Isn't that the biggest fear?
Pakistan, employment numbers, Bush and the incumbents stalling the debates, it's too much news to digest and makes me ill.
This market is not for the squeamish.

 

I don't want anyone thinking I have black Helicopters
flying over my house ( Conspiracy theorist )
however the market is being held up by the PPT
Plunge protection team right now keeping things
In order. They have to it’s their job !

http://www.rense.com/general52/secretsoftheplunge.htm

 

Well I was sleeping.......LOL so no trading

However to answer your question I have an array of indicators
to tell me if the market has enough juice to keep going,
that is why I always put levels inside the breakout or breakdown
areas and the globex session was taken down by GE warning
so that would have given me a heads up anyway.