GM Gang… looks like a small rally here at the open. I wonder if it holds? With the light volume in this holiday season they might just play ping pong with the market and keep is rangebound? Hard too say, but support is at 1200-1210 spx, should the gangsters allow the charts to work and the market to actually sell off?
Red .. I can’t go to the movies anymore without looking for numbers! I saw Descendant .. which was pretty hokey and slow moving. Anyway in Clooney’s wife’s room there is a #6 on the bed and then 2 6s on the number on the wall to call for contact.
Cheers..
Red,
5 Waves up 3 Waves downhttp://markethighsandlows.wordpress.com/
VIX finally decides to break the BB…
Failed rally. Plus Black Friday retail sales SAD SAD SAD. Bulls running to Uncle Madman Ben for Deux ex Machina…
GM Gang… looks like a small rally here at the open. I wonder if it holds? With the light volume in this holiday season they might just play ping pong with the market and keep is rangebound? Hard too say, but support is at 1200-1210 spx, should the gangsters allow the charts to work and the market to actually sell off?
ES Four hour charts: http://niftychartsandpatterns.blogspot.com/2011/12/es-hour-chart-analysis_13.html
Crude Oil update: http://niftychartsandpatterns.blogspot.com/2011/12/crude-oil-update.html
Wow, put/call just nosedived today. Cashed in some shorts, holding others.
Red .. I can’t go to the movies anymore without looking for numbers! I saw Descendant .. which was pretty hokey and slow moving. Anyway in Clooney’s wife’s room there is a #6 on the bed and then 2 6s on the number on the wall to call for contact.
Cheers..
SPX Analysis after closing bell: http://niftychartsandpatterns.blogspot.com/2011/12/s-500-analysis-after-closing-bell_13.html
Red,
Market map tweaked
Monday Updatehttp://markethighsandlows.wordpress.com/