3309 Drysdale Ct
Edwardsville, IL 62025
Below 880. Appears this is going to end ugly.
below 880 on the day for the SPX and we lose our uptrend line. correct?
Not necessarily. Before Friday options are being killed by bringing the market lower. It's a common trick.
Appears next support is around 850, but the current downtrend seems to be pausing.
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SPX
Posted by littlegto on 18th of Dec 2008 at 03:24 pm
Below 880. Appears this is going to end ugly.
880 spx
Posted by robincage1 on 18th of Dec 2008 at 03:27 pm
below 880 on the day for the SPX and we lose our uptrend line. correct?
Not necessarily. Before Friday options
Posted by junkmaylbox on 18th of Dec 2008 at 03:35 pm
Not necessarily. Before Friday options are being killed by bringing the market lower. It's a common trick.
SPX
Posted by littlegto on 18th of Dec 2008 at 03:33 pm
Appears next support is around 850, but the current downtrend seems to be pausing.