the SPX is grinding ever higher today in what looks like it
could become a 5 wave deal...I would not be surprised to see a pop
to 1305-1308 maybe 1310 if not a slow grind up today then in a
quick pop early tomorrow and then whoosh down again...
I'd like to see the 30, and 60 min rsi, macd and sto
putting in negative divergences on a high above 1300.58....
fwiw, my thinking on the SPX
Posted by perthx on 23rd of Mar 2011 at 02:04 pm
the SPX is grinding ever higher today in what looks like it could become a 5 wave deal...I would not be surprised to see a pop to 1305-1308 maybe 1310 if not a slow grind up today then in a quick pop early tomorrow and then whoosh down again...
I'd like to see the 30, and 60 min rsi, macd and sto putting in negative divergences on a high above 1300.58....
the 1294 area
Posted by zach06 on 23rd of Mar 2011 at 02:13 pm
This 1294 area is a resistance area.... going to have break that hard first.
According to sources, Portuguese PM
Posted by miller on 23rd of Mar 2011 at 02:15 pm
According to sources, Portuguese PM to make statement at 8pm local time. i.e. 2000 GMT.
Portugal could short circuit
Posted by perthx on 23rd of Mar 2011 at 02:23 pm
a rally to higher short term highs ....then again maybe it will be a relief rally after the news if finally out and then the dump?
1294 zach????...you watching the ES contract of did you mean 1304?