could be, we hit 38% retracements. not sure how much more
room the bears want to give. If we sit right around these
levels the rest of the day I would say there could be one more push
either late today or tomorrow. I think the charts would look
better if we made one more push higher.
so was that it...the bounce?
Posted by robbie on 20th of Aug 2008 at 11:45 am
so was that it...the bounce? LOL
spy.PNG could be, we hit 38%
Posted by cwa82675 on 20th of Aug 2008 at 11:50 am
could be, we hit 38% retracements. not sure how much more room the bears want to give. If we sit right around these levels the rest of the day I would say there could be one more push either late today or tomorrow. I think the charts would look better if we made one more push higher.
Would love to see that
Posted by dodgerdog on 20th of Aug 2008 at 11:56 am
Would love to see that as well to work off the oversold conditions - so far just backtesting broken trendlines.
unemployment in the AM
Posted by robbie on 20th of Aug 2008 at 11:52 am
unemployment in the AM