Thanks for the update Sundancer.
$SPX 60 min updatehttp://www.flickr.com/photos/47091634@N04/44034…
the reaction yesterday afternoon backtested an important trendline
market is getting heavy
important gaps this morning:
IWM gapped over it's January highs
$SPX index had an opening gap
lol it is, the first major reaction on the road to $SPX 733.22 will come from the $SPX 965.95 region.
I don't have any numbers for the wilshire but it syncs well with the $SPX
But isn't this a chart of the Wilshire?
From Carl just now:
March S&P E-mini Futures: Today's range estimate is 1116-1130. I expect the market to reach 1200 over the next three months.
From here (1119.75), thats -3.75 to +10.25
Carl owns one unit of /ES at 1098.50 (+21.25) since last Friday
that's not a misprint
the terminal de-leverage pt. for the $SPX is 733.22 which correlates well with the $DJI 7,400 range on the $DJI
File that one away, the market will be to these numbers before the summer solstice of 2011.
Holy cow! If that ever happens, a lot of bulls will be steak… LOL
Red, check this out:
http://content.screencast.com/users/raised_by_w…
Hell of a misprint, eh?
Americanbulls.com view:
TZA is a WAIT (for a buy signal). TZA is down 23.82% since the sell signal on Feb 9th.
TNA is a HOLD (for a sell signal). TNA is up 29.16% since the buy signal on Feb 9th.
Thanks for the update Sundancer.
$SPX 60 min update
http://www.flickr.com/photos/47091634@N04/44034…
the reaction yesterday afternoon backtested an important trendline
market is getting heavy
important gaps this morning:
IWM gapped over it's January highs
$SPX index had an opening gap
lol it is, the first major reaction on the road to $SPX 733.22 will come from the $SPX 965.95 region.
I don't have any numbers for the wilshire but it syncs well with the $SPX
But isn't this a chart of the Wilshire?
From Carl just now:
March S&P E-mini Futures: Today's range estimate is 1116-1130. I expect the market to reach 1200 over the next three months.
From here (1119.75), thats -3.75 to +10.25
Carl owns one unit of /ES at 1098.50 (+21.25) since last Friday
that's not a misprint
the terminal de-leverage pt. for the $SPX is 733.22 which correlates well with the $DJI 7,400 range on the $DJI
File that one away, the market will be to these numbers before the summer solstice of 2011.
Holy cow! If that ever happens, a lot of bulls will be steak… LOL
Red, check this out:
http://content.screencast.com/users/raised_by_w…
Hell of a misprint, eh?
Americanbulls.com view:
TZA is a WAIT (for a buy signal). TZA is down 23.82% since the sell signal on Feb 9th.
TNA is a HOLD (for a sell signal). TNA is up 29.16% since the buy signal on Feb 9th.