5 min SPX

    Posted by matt on 11th of Aug 2010 at 01:35 pm

    the MA's are starting to come together on the 5 min chart, watch the 60 period stochastics as well, we had positive divergence at the lows intra day

    Matt's 60 period sto on

    Posted by steve on 11th of Aug 2010 at 01:54 pm

    Matt's 60 period sto on the 5 minute is playing dead.

    Need to clear the 50

    Posted by steve on 11th of Aug 2010 at 01:46 pm

    Need to clear the 50 MA o Matt's chart below around 1094 on the SPX to move up.

    ES resistance at 1091 on 5 minute.

    never got above the 1091

    Posted by rkelman on 11th of Aug 2010 at 01:57 pm

    never got above the 1091 yet

    What rkelman?

    Posted by steve on 11th of Aug 2010 at 02:00 pm

    What rkelman?

    The resistance level on the

    Posted by steve on 11th of Aug 2010 at 01:51 pm

    The resistance level on the NQ (NDX futures) 5 minute is 1846 (add about 1.5 pts for cash equivalent). 

    A failure to break these levels points to a re-test (or new lows) intraday.

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