3309 Drysdale Ct
Edwardsville, IL 62025
$SPX
One possible view...no bounce as yet so respect the trend. This view would argue for a wave B or 2 bounce maybe back up towards 1325-1330 area. Again, one would need to get a buy trigger to suggest a bounce is materializing.
Looks like it broke the descending wedge. So, for a bounce trade, do you hold overnight?
Oooh, I love it when you say "respect the trend!"
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SPX 1 Minute
Posted by steve on 22nd of Feb 2011 at 03:30 pm
$SPX
One possible view...no bounce as yet so respect the trend. This view would argue for a wave B or 2 bounce maybe back up towards 1325-1330 area. Again, one would need to get a buy trigger to suggest a bounce is materializing.
Looks like it broke the
Posted by frtaylor on 22nd of Feb 2011 at 03:51 pm
Looks like it broke the descending wedge. So, for a bounce trade, do you hold overnight?
Oooh, I love it when
Posted by frtaylor on 22nd of Feb 2011 at 03:31 pm
Oooh, I love it when you say "respect the trend!"