Also per usual nothing doing for me today with expiration. Most manipulated trading days!!!
1239-1241 just as a heads up will be my buy zone for the market or the first week of July
Friday, June 17, 2011
Wednesday, June 15, 2011
Rally ??????????????
So all of yesterday's rally is gone. This is one bearish situation and that's why I am doing NOTHING. watch for a break of 1261 then minor support @ 1258. But really target seem to be 1241
Monday, June 13, 2011
Broken
Well they just broke that 1261 lows from last week- Not looking too promising here for longs- not much support till 1250 then 1241.50
1261.75
that was friday's lows - we just 4 points above. if we break there watch out below next really support is 1241.50
Six weeks
Six weeks down - does this make 7?? Who knows, I will be carefully looking at the volume this week. I will be out from thursday to next week wednesday so posts will be limited only if something breaks huge. Key here folks stay out of longs everything is bearish and now we are 100 S&P points lower from the Bin Laden rally. As always those huge events were a perfect turn around point in the market.
Friday, June 10, 2011
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