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It does look like it however I'm thinking the support will hold and negate it.
Looks like a good call. 15 min to go til the close (confirmation).
buying support and selling resistance works many times, I much prefer doing that than shorting breakdowns etc
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It does look like it
Long SPY here at 133.89, stop at 133.50
Posted by tomW1 on 11th of Jul 2012 at 03:22 pm
It does look like it however I'm thinking the support will hold and negate it.
Looks like a good call.
Posted by frtaylor on 11th of Jul 2012 at 03:45 pm
Looks like a good call. 15 min to go til the close (confirmation).
buying support and selling resistance
Posted by matt on 11th of Jul 2012 at 03:51 pm
buying support and selling resistance works many times, I much prefer doing that than shorting breakdowns etc