I agree I thought for sure 1080-1085.
Wish i had a better handle on day volume.The charts for volume suck on my daily.
Well that's exactly where we went too before rolling over. But, I don't trust it just yet. I want to see what tomorrow brings, as I still suspect that they'll make another run up for that falling trendline around 1080
oops –GDX is 2% away from the bottom, or is at the bottom now.
I had SP 1075 as .382 retracement rounded off from the high Thursday to today's low. 60min also went up touched its 20 and 50 period averages.
Is 3 up or down?
I was really looking for 1080 before turning back down, but this might be all we get?
It looks like that's end of the wave 2. Put on your seatbelts as we head into a 3.
That's right. Around 1080
That should correlate to about 1080 on the SPX, for the top falling resistance line.
DOW JONES FUTURES Charthttp://niftychartsandpatterns.blogspot.com/2010…
I agree I thought for sure 1080-1085.
Wish i had a better handle on day volume.
The charts for volume suck on my daily.
Well that's exactly where we went too before rolling over. But, I don't trust it just yet. I want to see what tomorrow brings, as I still suspect that they'll make another run up for that falling trendline around 1080
oops –GDX is 2% away from the bottom, or is at the bottom now.
I had SP 1075 as .382 retracement rounded off from the high Thursday to today's low. 60min also went up touched its 20 and 50 period averages.
Is 3 up or down?
I was really looking for 1080 before turning back down, but this might be all we get?
It looks like that's end of the wave 2. Put on your seatbelts as we head into a 3.
That's right. Around 1080
That should correlate to about 1080 on the SPX, for the top falling resistance line.
DOW JONES FUTURES Chart
http://niftychartsandpatterns.blogspot.com/2010…