Hi kalinm - 1380 would also

    SPX 5min

    Posted by isplat on 18th of Jul 2012 at 02:30 pm

    Hi kalinm -

    1380 would also be roughly at the upper trendline on the 10 min chart Steve just posted... I'm long for now.

    Just be careful.  Seems we

    Posted by kalinm on 18th of Jul 2012 at 02:41 pm

    Just be careful.  Seems we are nearing the picking up nickels in front of a bulldozer stage.  What have become the leaders of this market now (utilities and REITs) are running into some major long term resistance.

    wise words indeed - got

    Posted by isplat on 18th of Jul 2012 at 03:03 pm

    wise words indeed - got stopped out earlier on, no big deal as I'm trading half size at the moment.

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