yeah today could be one of those typical large gap days, where
it holds up all day then pulls back either late afternoon or
tomorrow. Lately these large gaps have held most of the day,
we'll see of course.
I hate these big gap days because we had a lot of nice looking
long setups that gapped way up.
R3 on the es futures is 1329.50
Posted by zach06 on 20th of Apr 2011 at 10:09 am
the gap held for 45 minutes now... i would be careful of shorts.
yeah today could be one
Posted by matt on 20th of Apr 2011 at 10:12 am
yeah today could be one of those typical large gap days, where it holds up all day then pulls back either late afternoon or tomorrow. Lately these large gaps have held most of the day, we'll see of course.
I hate these big gap days because we had a lot of nice looking long setups that gapped way up.
if you have vains of steel
Posted by zach06 on 20th of Apr 2011 at 10:19 am
SPX is approaching 1333.00 which is a logical target for a short... but looks only like a scalp
Title: Imagine Yes, that price coincides
Posted by philosoraptor on 20th of Apr 2011 at 10:22 am
Yes, that price coincides with the midpoint between R3 and R4.
R4 is very, very rarely breached. Above that is only sky...
SPX: price stuck between R3 and the intraday VWAP
Posted by philosoraptor on 20th of Apr 2011 at 03:06 pm
Price stuck between R3 and the intraday VWAP - something has to give before the close........?
I'm very suspcious of this
Posted by jamesl on 20th of Apr 2011 at 10:18 am
I'm very suspcious of this rally because the banking index (BKX) is not participating.