SPX 5 min comments

    Posted by matt on 29th of Jun 2012 at 03:31 pm

    $SPX - Chart Link - been riding the 50 SMA all day with MACD diverging, otherwise the 60 period Stochastic is starting to test the 80% level, it's been above all day

    bounced again off the 50

    Posted by matt on 29th of Jun 2012 at 03:53 pm

    bounced again off the 50 MA

    60 sto fell below 80

    Posted by frtaylor on 29th of Jun 2012 at 03:46 pm

    60 sto fell below 80 briefly, recharging the bats a bit.  My short just got stopped out on the reversal.

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