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... monicadern

Yes, very true.

... monicadern

Your timing is great. I don't think we have much more upside today and I don't think we close above last week's S&P high (3/17) as mentioned by Sundancer.

... SC

That is the nature of the beast with support and resistance. Reaching that point is onething. What happens there is another. Bouncing off a S/R or containment point is a reversal. Shooting through it, is a continuation of the existing trend. Just arriving at the S/R point, is only half the story.

... SC

Everyone must be shocked at the market's action today.

The daily indicators are showing a topping action. I am looking to enter short position very soon. Half way to a confirmed sell signal. Waiting for the remaining ones to catch up. Expecting that to complete within this week.

... Earl of

Nice call getting out of TZA.

Nice place to get out also — right under the pivot.

... sundancer390

1167.04 is the other 3 min gap from friday

... monicadern

Still have all of positions. I will let you know if/when I ever sell them!

... gcocks83

OUt of TZA at 7.29

... sundancer390

$SPX 1163.29 gap filled from friday

... Earl of

I followed Carl this morning, in and out of TNA (over my own objections) as Carl bought and sold. Worked out well this time.