3309 Drysdale Ct
Edwardsville, IL 62025
$SPX - the 61.8% Fib is approaching as well, and the 200 day MA is around 1274
$SPX - Next major pivot is around 1260
$SPX - here's the 5 min chart, watch those pivots and MA's, otherwise continues to look higher in the short term. R2 pivot is 1255
So, shouldn't that 1260 area be an ideal short, because of the h&s pattern from last summer? I haven't heard much talk about that lately.
Subscribe to our email list for regular free market updates as well as a chance to get coupons!
charts
Posted by matt on 24th of Oct 2011 at 11:06 am
$SPX - the 61.8% Fib is approaching as well, and the 200 day MA is around 1274
$SPX - Next major pivot is around 1260
$SPX - here's the 5 min chart, watch those pivots and MA's, otherwise continues to look higher in the short term. R2 pivot is 1255
So, shouldn't that 1260 area
Posted by frtaylor on 24th of Oct 2011 at 11:42 am
So, shouldn't that 1260 area be an ideal short, because of the h&s pattern from last summer? I haven't heard much talk about that lately.