A wave up from the bottom, and now B wave down. Should be a C wave up tomorrow to complete the rally and maybe hit the 137 spy area. That should complete it and allow another move down to start that ends around 1320 spx.
going to wait to see if it pierces 137/how much.. Then go… Even if I miss it a bit, that’s almost a whole point higher. But I don’t think we’ll hit it today. never know though
Looks like the 30min, 60min, 2hr, and 4hr charts are about ready to turn up. This means we could be ready to start the rally to 137 spy. I’d exit shorts for now…
That’s unfortunate. I hate holding stuff over the weekend. guess we’ll see tomorrow though
“Operation Twist” was first used in 1961..very bearish
http://zstock7.com/?p=7052
A wave up from the bottom, and now B wave down. Should be a C wave up tomorrow to complete the rally and maybe hit the 137 spy area. That should complete it and allow another move down to start that ends around 1320 spx.
Final hour approaching… pop or drop
going to wait to see if it pierces 137/how much.. Then go… Even if I miss it a bit, that’s almost a whole point higher. But I don’t think we’ll hit it today. never know though
Ok, remember this from yesterday…
http://screencast.com/t/By1qGDXH
Which print will be hit? Will it be the 137.00 or the 137.83?
Shorting from one of those is my plan…
Should dip one more time to retest the low or put in a higher low, but then I think it will go up to 1370 area by tomorrow.
Dow Jones support levels: http://niftychartsandpatterns.blogspot.in/2012/11/dow-jones-support-levels.html
Yeah, was able to do it through think or swim at decent timing.. unfortunate that it even happens though
Looks like the 30min, 60min, 2hr, and 4hr charts are about ready to turn up. This means we could be ready to start the rally to 137 spy. I’d exit shorts for now…