1313 looks to be the next appreciable resistance area, and is
also the 38% fib off the recent high, to today's low....just a
guess on my part....would welcome any confirmation.
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What is the next objective level on S&P where a low risk short should be established?
Posted by markrab on 24th of Feb 2011 at 03:24 pm
1324= 61.8% retracement...
Posted by kobie on 24th of Feb 2011 at 03:32 pm
http://stockcharts.com/h-sc/ui?s=$SPX&p=15&yr=0&mn=0&dy=6&id=p30342267289&listNum=1&a=221919384
What is the next objective level on S&P where a low risk short should be established?
Posted by dave858 on 24th of Feb 2011 at 03:30 pm
1313 looks to be the next appreciable resistance area, and is also the 38% fib off the recent high, to today's low....just a guess on my part....would welcome any confirmation.