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SPY - Chart Link - perhaps a wedge is forming, maybe get a bounce soon
however this is a 1 min chart.
otherwise today is ugly, so for a 90% down day
Yeah, energy took a licking especially. TG for stop losses! Got out of OXY at 82.30, it's now 80.65. Also out of ERX at 37.25.
yep, remember comment about how when something comes out of a strong downtrend, sell the first good bounce/rally, because always get a pullback.
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1 min SPY
Posted by matt on 21st of Jun 2012 at 01:45 pm
SPY - Chart Link - perhaps a wedge is forming, maybe get a bounce soon
however this is a 1 min chart.
otherwise today is ugly, so for a 90% down day
Yeah, energy took a licking
Posted by frtaylor on 21st of Jun 2012 at 01:48 pm
Yeah, energy took a licking especially. TG for stop losses! Got out of OXY at 82.30, it's now 80.65. Also out of ERX at 37.25.
yep, remember comment about how
Posted by matt on 21st of Jun 2012 at 01:53 pm
yep, remember comment about how when something comes out of a strong downtrend, sell the first good bounce/rally, because always get a pullback.