In TNA at $42.52Playing the bullish wedge
SPY number to watch @ the close 110.27http://www.flickr.com/photos/47091634@N04/43817…
Looks like maybe TZA has a bull flag. Sigh.
Jumping into TZA at this point is really hard to do, so yeah maybe an over-reaction play on TNA.
It's $1.40 under it's primary pivot. This is the territory I swore off of, falling knife and all that.
All the pivots are compressed today because yesterdays range was so small, but TNA is $0.50 below S2. Yuck.
Actually It might a good day for a scalp. You know TNA is usually good for a run at any time.
Doesn't look like a TNA kind of day 🙂
2 $SPX 3 min gaps1109.521107.03
spy 110.50 de-lever point hit est. 2/19/2010
spy 60 min http://www.flickr.com/photos/47091634@N04/43815…
currently dancing with 4 different partners, spy will be looking for new dance partners soon
Carl is now long one unit /ES at 1003.50
In TNA at $42.52
Playing the bullish wedge
SPY number to watch @ the close 110.27
http://www.flickr.com/photos/47091634@N04/43817…
Looks like maybe TZA has a bull flag. Sigh.
Jumping into TZA at this point is really hard to do, so yeah maybe an over-reaction play on TNA.
It's $1.40 under it's primary pivot. This is the territory I swore off of, falling knife and all that.
All the pivots are compressed today because yesterdays range was so small, but TNA is $0.50 below S2. Yuck.
Actually It might a good day for a scalp. You know TNA is usually good for a run at any time.
Doesn't look like a TNA kind of day 🙂
2 $SPX 3 min gaps
1109.52
1107.03
spy 110.50 de-lever point hit est. 2/19/2010
spy 60 min
http://www.flickr.com/photos/47091634@N04/43815…
currently dancing with 4 different partners, spy will be looking for new dance partners soon
Carl is now long one unit /ES at 1003.50