Bounced off that upper support just long enogh to gain steam and
push above. Looks like there may be a day long try to get to the
.382 retrace at 1061 but the 5min 60sSTO are now overbought so
there may be some back filling first.
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Bounced off that upper support
As you you can see, the SPX bounced perfectly off ...
Posted by perthx on 29th of Oct 2009 at 10:19 am
Bounced off that upper support just long enogh to gain steam and push above. Looks like there may be a day long try to get to the .382 retrace at 1061 but the 5min 60sSTO are now overbought so there may be some back filling first.