spy chart

Discussion in 'Trading' started by santosLhalper, Jan 7, 2009.

  1. I tend to agree that we may well have topped for a while.

    Here's an up to date chart I posted last week........made it to the gap, then sold.

    IMO, I think a test of the 920 area as resistance can be expected. If that retest doesn't happen, it would only serve to show the market is extremely weak.

    Steve
     
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    #11     Jan 8, 2009
  2. A few things to watch on the VIX index.

    We found support at the gap from the end of September - still has not been filled.

    Seems we'll need some spectacular event to fill the September gap - but we gotta fill yesterdays first.


    Steve
     
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    #12     Jan 8, 2009