07-21-10 08:13 AM Quote from tradingjournals: What are the chances that we will re-hearing later this week about your comments related to SPY and its nth visits to 110? LOL! we are revisiting 110 again! i am totally out of sync with this market
i am sticking with my alert for now. if there is a piece of news about to break that may invalidate my highly intuitive signal.
There was a pop on the open and then flat from there . If that was a short covering rally and we're at resistance around 110 then i should go short at the close. Plus volume is not high.