12:45 print is more important on the IWM than SPY given the current setup
yes the 110.34 level on the SPY
more importantly for the afternoon session on the SPY is the daily max containment setup i spoke of this morning, if we get a confirming close over the max containment point the lights go out for those with bearish positions
So bearish then Sundancer?
195 min print:
SPY
12:45 110.33 close
12:45 110.34 open
Please tell me if that happens so I can close out my shorts.
12:45 print is more important on the IWM than SPY given the current setup
yes the 110.34 level on the SPY
more importantly for the afternoon session on the SPY is the daily max containment setup i spoke of this morning, if we get a confirming close over the max containment point the lights go out for those with bearish positions
What am I looking for at 12:45? Close above 110.34 is bullish, and close below is bearish?
$RUT continues to lead in breaking max contain points on all time frames I monitor
http://www.flickr.com/photos/47091634@N04/43683…
12:45 print will be very important, currently IWM is sitting on a spring board
SPY continues to dance around the 110.34 crash grap
for those looking for a major turn in the indexes, the 10 year holds many clues as too the potential timing
$TNX daily successfully back tested max contain pt. on 2/5/2010
http://www.flickr.com/photos/47091634@N04/43675…
$TNX weekly has been rejected @ it's controlling trend line the last four times, will the 5th time hold?
http://www.flickr.com/photos/47091634@N04/43675…
Thanks, Pra! The MM's are certainly keeping the tape elevated at the moment.
CP on SPY is at 109 as of today 🙂
It will be interesting to see where they close it tomorrow… that's for sure.