could steve or matt comment

    Posted by randy on 18th of Dec 2013 at 04:06 pm

    could steve or matt comment on MDY tonight, looks like an ascending triangle on daily to me

    honestly randy - I'm not

    Posted by matt on 18th of Dec 2013 at 04:37 pm

    honestly randy - I'm not going to overdue the analysis, first off I have to discuss the SPY systems, and then of course now we are back in the upper range.  OPEX is on Friday and that has been important in the past for inflection points.  

    and quite simply, if the market is to hold these gains here, it shouldn't retrace more than 50% of today's candle in the short term - so there you go a simple guide

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