Thursday, January 8, 2009

SPX Chart

For those who dont know there is two S&P prices. One is cash and the other is futures. Experienced traders who the futures value while the cash price is what you would see on CNBC or in your local paper the next morning.
They is usually a difference of a couple of points, so those who asking about where did I get that 906.75 closing from then obviously you aren't and experienced trader :). No bashing but the cash price and future price are different.

Here is a chart of the cash close. Do we trade high in the channel of we fall out of bed. That's for you to decide from the chart!!!

Have a great day tomorrow. I dont think I will be posting on Friday, very tired this week, need some rest.




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