Tuesday, September 1, 2009

Below 1000

This is very significant development here. The structure is fully in contact and I guess maybe 1040 is all she had on the upside.

1000

Do we stay above S&P 1000, 20 MINUTES TO GO!

1006

1006 didn't hold! We sliced through that and 1000, no I am looking and I can say the structure is still correct with the 1040 peak. I am so upset i missed it as I was expecting 1045, rrrrrrg Oh well.

Now if the structure is correct and 1006 holds up down we should see 975 in a jiffy although they might try and hold the 983 level

Dive

Pretty hard drive here. I have no clue if we had hit an short term high at the 1040, 4 points short of my target area) or this is a pullback to attack it once again. The momentum is definitely down here in the mid day but we have been seeing buy into the close of the last days, so lets us watch the close.

Very concerning for the bulls that we crushed through that 1006. Lets see what they want to do