SPX Views

    Posted by steve on 15th of Nov 2012 at 03:17 pm

    $SPX - Chart Link

    $SPX - Chart Link

    $SPX - Chart Link

    Ducati - when the SPX bounced up to test its 20/50 day MA's and failed just under 1440 that was an objective swing entry. I have talked about this ad naseum. Do you listen to the newsletters?  C'mon man...you show up now with a comment like that below. You need to decide what type of trader you are and trade accordingly. I have provided numerous charts for guidance. The trend has been straight down since the SPX FAILED at the above stated levels which I CLEARLY pointed out on the charts. 

    clearly during the day on

    Posted by matt on 15th of Nov 2012 at 03:27 pm

    clearly during the day on the blog yes more focus is spent on short term 5 min, 15 min, 60 min charts simply because the market is trading, longer term is focused on more in newsletters and off hrs as it should be.

    Matt SPY 2RSI

    Posted by acorn on 15th of Nov 2012 at 03:37 pm

    Any updates on this indicator?

    In very strong trends watch

    Posted by steve on 15th of Nov 2012 at 03:39 pm

    In very strong trends watch for moves back to the 9 day EMA's for new opportunities.  It's much riskier chasing things when they are quite extended. 

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